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Feature Article July 25, 2010

Filing Bankruptcy Without A Lawyer Is Crazy

- July 25, 2010, 9:56 pm

If you feel that you're on the verge of facing overwhelming financial problems, or even financial ruin, think twice about filing for bankruptcy. If you've thought about it over and over again, and still feel that filing for bankruptcy is the only way out, I urge you to seek credit counseling (so does the constitution). You see according to the Bankruptcy Act of 2005, debtors have to give way or explore other alternatives before even thinking of filing for such a state. This is no laughing matter and is most definitely not a walk in the park. If you think it's as easy as it sounds, try giving that a second thought we're looking at a long grueling legal process of countless documents to fill up and other legal technicalities to take into consideration.

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