If you are contemplating bankruptcy it's important that you understand what bankruptcy is in order
to determine whether filing bankruptcy is right for you. It is also important to know that there are several alternatives to bankruptcy. You can learn about these alternatives by exploring our website.

If you do decide that filing bankruptcy is right for you, next you need to decide how you will file.
The most difficult part of filing bankruptcy is not
the court appearance, but rather preparing the
legal paperwork. Typically, a bankruptcy filing consist of some 30 to 100 bankruptcy forms. You can either hire a bankruptcy attorney or file pro se.

If you elect to file pro se, we strongly suggest that you obtain a Do-It-Yourself Bankruptcy Form Kit.
Its simplicity will save you much time and effort.

You can file Charter 7 (Personal Bankruptcy) or Chapter 13 (Personal Debt Reorganization). A business owner may pursue relief from creditors
in Chapter 11 (Business Debt Reorganization).

If you have substantial assets we recommend hiring a top-notch bankruptcy attorney. If you cannot afford to hire a bankruptcy lawyer, you
may have to prepare your own bankruptcy. But unless you understand bankruptcy law, chances are you will need some legal assistance. We suggest that you check out several bankruptcy lawyers and other bankruptcy services prior to making a commitment.

Click to locate a bankruptcy attorney in your area.