Online Bankruptcy
Thursday, May 28th, 2009Filing an online bankruptcy is appealing, but you can’t actually do it unless you are an attorney. You can order bankruptcy forms online, buy software to complete your bankruptcy forms online or hire a lawyer to fill out your bankruptcy forms online – however, if you prepare your forms, you can’t file them online, you have to take them to the courthouse.
Each court requires a different amount of copies to be filed in addition to your petition and each court has different rules for the creditor matrix as well.
Do It Yourself – If you choose to file your bankruptcy after filling out the forms yourself, you will have to research local bankruptcy rules and determine where you need to file your petition. It will also be important to find out what the bankruptcy exemptions are in your state to use when filling out your bankruptcy forms.
If you complete the forms yourself you will have to also represent yourself at the 341 hearing. This is obviously the cheapest method, but it also leaves the most room for errors and confusion.
Hire An Attorney – You can also hire a bankruptcy attorney, they will review your debts, earnings, and property, advise you on the best chapter for 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, it is often high on cost – paying an attorney is often hard for those that are considering filing bankruptcy.

