Do It Yourself Bankruptcy
If you've made it to the point of thinking about filing bankruptcy, you've probably got a pile of debt, a sinking self esteem, a ringing phone, and a lot of stress. You would think your problems can't possibly get any worse, but if you decide to do your bankruptcy yourself, it could.
The typical bankruptcy consists of over 40 pages, all written in legalease, which even some attorneys find confusing. The bankruptcy forms list all of your debts, your income, all property you own and more. Once you are in your 341 meeting, do you really want to take the chance of having your house taken away from you because of an improperly completed form?
There are plenty of bankruptcy kits, do it yourself bankruptcy forms and online bankruptcy software that you can buy. Each of these serves a very real purpose, to take your money and leave you on your own. There is no one checking over your math, making sure your deductions will be accepted by the bankruptcy court, making sure you have filed the right forms for your situation.
Do it yourself bankruptcy is best for people who have some sort of legal background, or an attorney friend who will look over their work for them. For the rest of us considering filing bankruptcy, it's best to leave the work to the professionals. Whether you choose an attorney or a petition preparer, you will be getting someone who knows exactly what the courts expect in a bankruptcy petition. Yes you will pay more, it's inevitable, but you have to consider the risks. Make an informed decision the first time and you won't be surprised.