If you are reading this article then you are probably wondering how to file bankruptcy. I will start with a huge disclaimer; while you can file bankruptcy on your own, without an attorney, it is strongly advised that you do not attempt to do so! You can seriously affect your financial future in a negative fashion if the smallest mistake is made.
Filing for bankruptcy is a very tedious and complicated process and simply forgetting to file one document can forfeit your ability to file your current case and any future case. Another example is forgetting to list a debt; if this were to happen then the debt is at risk of not being removed. This can be detrimental to you financial health; especially if bankruptcy is the only option that you have left.
When you file for bankruptcy on your own with out legal counsel it is called “pro se”. You will need to seek credit counseling with a government approved agency within 180 days before filing for bankruptcy and maintain any paperwork from that. You will also need to decide under what chapter you are planning to file for bankruptcy. Also, if you do decide to get an attorney, when filing under chapter 13 bankruptcy you may be able to pay back your attorney through the plan that is made.
Again, filing for bankruptcy is a very difficult procedure that needs to be handled with care. It is hard enough to deal with the emotional stress of defaulting on your debt as well as having to liquidate your assets. It is important that you don’t make this process harder than it needs to be or even ruin your chances of filing for bankruptcy. I would suggest contacting Universal Finance to discuss how to file bankruptcy with a professional.
