What You Should Know About Prepare My Chapter 7
Disclaimer: Prepare My Chapter 7 is not a law firm. Our company operates as a debt relief agency. We do not provide legal or financial guidance under any circumstances.
Review the following information before you hire Prepare My Chapter 7 to prepare your bankruptcy forms.
Chapter 7 bankruptcy is a federal procedure. United States Bankruptcy Trustees oversee Chapter 7 bankruptcy cases. When you file Chapter 7 bankruptcy, you have three options.
Option 1: Retain a bankruptcy lawyer. Quite frankly, hiring a Chapter 7 bankruptcy lawyer is the best option. However, bankruptcy attorneys in Maryland, Virginia and District of Columbia are expensive.
Option 2: Complete your own Chapter 7 bankruptcy forms. If you don’t understand the forms, it can be frustrating.
Option 3: Hire a bankruptcy document preparation service to complete your forms.
When you hire a bankruptcy document preparation company, you are not getting legal representation. Bankruptcy form preparers aren’t substitutes for lawyers.
The United States Bankruptcy Code limits the types of services that bankruptcy document preparers can provide.
What Is a Chapter 7 Bankruptcy Form Preparer?
A bankruptcy from preparer is a non-attorney who prepares bankruptcy forms for filers in exchange for a fee.
Chapter 7 bankruptcy form preparers can’t:
- Give legal advice.
- Tell you the type of bankruptcy to file.
- Tell you to list certain debts.
- Tell you which property to exempt.
- Charge an unreasonable fee for preparation services.
- Sign your forms on your behalf.
- Collect, handle and receive bankruptcy court fees on your behalf.
- File bankruptcy forms for you.
- Manage your bankruptcy case.
- Attend the 341 Meeting of the Creditors with you.
- Call creditors, bankruptcy court employees or other parties on your behalf.
- Represent you in court.
- Act as your legal counsel.
- Interpret bankruptcy court forms.
- Respond to inquiries from the court or other parties.
Bankruptcy document preparers must:
- Provide you with a complete copy of your bankruptcy forms.
- File a signed declaration with the court.
- Disclose fees to the United States Bankruptcy Court.
Your Rights When You Hire a Bankruptcy Form Preparer
If your case is dismissed because your bankruptcy form preparer acted with intentional disregard or negligence for the Federal Rules of Bankruptcy, you have the right to report the incident to the court.
If a bankruptcy form preparer charges high fees, you may request a court review of the fees. The court has the authority to order the bankruptcy form preparer to refund your fees.
Consult With a Bankruptcy Lawyer
Chapter 7 bankruptcy is a serious procedure. Filing Chapter 7 bankruptcy affects your future. Before you file, you should consult with a lawyer.
The United States Bankruptcy Court does not appoint attorneys for filers. Since bankruptcy is a civil matter, you do not have the right to free legal counsel. If you can’t afford a lawyer, contact a Legal Aid Society in your area.
Prepare My Chapter 7 is not a substitute for hiring a lawyer. We cannot educate our clients about Chapter 7 bankruptcy laws or other bankruptcy matters.
Please be advised that Prepare My Chapter 7 cannot guide you through your Chapter 7 bankruptcy process. The scope of our service is limited to document preparation.
After you file bankruptcy, we cannot interpret forms that you receive from the court. We cannot file motions on your behalf. Your contract with Prepare My Chapter 7 ends after you receive your bankruptcy forms by email.