Tuesday, October 22, 2013

Bankruptcy Forms


The Truth About Bankruptcy Forms

Filling in blank bankruptcy documents on your own can cost you thousands of dollars. 

Filing bankruptcy can be a relief for many debtors, but for those who choose to file bankruptcy by filling in the blank bankruptcy forms on their own, it can be a nightmare.

Chapter 7 bankruptcy has at least 50-80pgs of  bankruptcy forms.

Chapter 7 bankruptcy has 50-80pgs of forms that need to be filled in with your personal and financial information. These forms, however, are not self explanatory and do not lend information as to its true meaning. In order to fill in the bankruptcy forms correctly, extensive research in bankruptcy law is required.

Bankruptcy forms are easy to access and free from the courts website, but the cost for filling them in on your own comes from not being able to eliminate your debt.

There is another option for filing bankruptcy that is much cheaper than a lawyer and guarantees you professional prepared bankruptcy forms in 1 day. It is called online bankruptcy preparation.

Online bankruptcy preparers charge 90% less than lawyers.

Online bankruptcy preparers, preparer your bankruptcy forms so that you do not have to go through the hassle of researching bankruptcy law. Because bankruptcy preparers are 90% cheaper than lawyers, they are more affordable than preparing bankruptcy forms on your own.

A word of caution. Bankruptcy software is not you friend. I know bankruptcy software can seem friendly and inviting, but stay away because it is nothing more than cleverly wrapped blank bankruptcy forms. They are easy to spot them because they usually sell for $49. The only legitimate software for bankruptcy that is currently on the market is called Guaranteed Bankruptcy, but with all things considered it is better and easier to deal directly with a person who can answer your questions and concerns, not robots.

The website US Bankruptcy Reviews has reviews on all the top online bankruptcy preparers.

Click Here to Read Full Article

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