Nebraska Petition Preparer Guidelines

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If you have decided to file for bankruptcy in Nebraska alone, know that there are ways to get some help without hiring a lawyer. For example, a petition preparer can be used to type up the documents necessary for bankruptcy. You can save a lot of time this way, as you will not have to prepare the large amount of required paperwork, though you do still have to fill it out on your own. You can also save money, as the most a petition preparer can charge is $150. One who charges more should be avoided, and should also be reported since this is not allowed according to bankruptcy laws.

Note that you do not have to pay the petition preparer until you have signed the contract they are supposed to present to you. They don't collect the court costs, as it is up to you to give them to the court clerk. Therefore, you will not need to pay all the bankruptcy expenses at once when you hire a petition preparer. Find out more about the general duties of a petition preparer in Nebraska before you decide to take this route.

Expected Duties of a Petition Preparer

The sole task of a petition preparer in Nebraska is to type up the forms needed for bankruptcy. This may sound simple, but it is time consuming since there is plenty of paperwork involved. You might not have the time or patience for this tedious job, or you might not have access to a computer or typewriter. Before you decide, consider whether the avoidance of typing the paperwork on your own is worth $150.

Typical Limits of a Petition Preparer

According to bankruptcy laws, a petition preparer is not allowed to advise you on legal matters. In fact, most petition preparers are just skilled at typing up documents, and do not know much about bankruptcy at all. Therefore, do not expect answers from the petition preparer you hire.

Filing for bankruptcy without a lawyer can be confusing since you might not know the answers to various questions. For example, you may not know which assets you can keep, which debts will be discharged or whether you can keep your house. It may also be confusing to know which chapter to file, what to put on the bankruptcy documents or which Nebraska exemptions apply to you. These are questions to either find out yourself or ask a lawyer, not a petition preparer.

Petition preparers cannot tell you what will happen to liens, or whether to reaffirm your debts or redeem your property. Tax consequences as a result of bankruptcy are also not to be discussed by a petition preparer, as only an attorney can accurately answer related questions.

Legal Help

If you are not confident enough in your bankruptcy knowledge to direct the petition preparer on what documents to type up, you should hire a lawyer. In fact, most debtors with successful cases use a lawyer for bankruptcy, so unless you are ready to research the latest regulations and represent yourself, you will need more than the help of a petition preparer.