Online Bankruptcy
Filing an online bankruptcy is appealing, but you can’t actually do it unless you are an attorney. While you can download bankruptcy forms, buy software to complete your bankruptcy forms online or have your bankruptcy lawyer submit your bankruptcy forms online – however, if you prepare your forms, you can’t file them online, you have to take them to the courthouse.
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 – If you choose to file your bankruptcy after filling out the forms yourself, you will need to research and find the information applicable to your state and to the local courthouse you are zoned for. It will also be important to find out what the bankruptcy exemptions are in your state to use to protect your property.
If you complete the forms yourself you will have to also represent yourself at the 341 hearing. While you can represent yourself, you need to make sure you know the laws in order to protect your property.
Hire An Attorney – Hiring a bankruptcy attorney is also an option, they will look over your assets, debts and income, inform you which chapter of bankruptcy fits your situation, and then prepare your bankruptcy petition and file it with the courthouse.
Your attorney will also accompany you to your 341 meeting. Hiring an attorney is the easiest option for saving you aggravation, but it is often high on cost.
