Should I use a paralegal service or an attorney to file a simple chapter 7 bankruptcy?

Answer 1

Bankruptcy is document intensive. You can do it yourself, but go to bankruptcy court and get a petition and review it. See if you understand it. If you don't, come back with more specific questions and we'll try to help. It's hard to advise you without knowing the extent of your debts and the types of debts. You can re-affirm secured debts like a mortgage or car payment. The current problem with bankruptcy--and I just taught a seminar on this--is that the new Bankruptcy Reform Act will try to force chapter 7's (complete discharge) into chapter 13's (wage earner's plan).

Answer 2

I assume the paralegal service would be cheaper.

What would happen if they screwed it up and it got thrown out? Would that be an expensive problem?

Or can you afford to refile it after that?

Answer 3

Is it mainly unsecured debt?

Answer 4

ergrthtrhrthrtnjrtj