Online Bankruptcy
Filing for bankruptcy online is not an actual deed that can be done. While you can download bankruptcy forms, buy software to complete your bankruptcy forms online or hire a lawyer to fill out your bankruptcy forms online – but if you prepare your forms by yourself you cannot submit them online.
You will have to submit a specific number of copies of your petition to the court the creditor matrix has to be submitted a certain way which is different for each court.
Do It Yourself – You can choose to complete your bankruptcy petition yourself, you will be responsible for learning the bankruptcy laws and finding out where you submit your bankruptcy forms. It will also be important to find out what the bankruptcy exemptions are in your state to use to protect your property.
Representing yourself at the 341 hearing is also your responsibility if you prepare your own bankruptcy forms. Representing yourself saves money, but it can be daunting if you are not familiar with bankruptcy law.
Hire An Attorney – Should you choose to hire an attorney, they will look over your assets, debts and income, advise you on the chapter of bankruptcy that is right for you, they will then complete the bankruptcy forms and submit them to the courthouse.
Your attorney will also be responsible for representing you at the 341 meeting. While this method requires the least amount of work and aggravation on your part, but you will of course have to pay the attorney – paying an attorney is often hard for those that are considering filing bankruptcy.
