Ask Me Help Desk - Too broke to declare bankruptcy

I divorced an abusive man, right thing... hard life... But I have 2 kids and protecting them is #1.. But Im not Tina Turner... I lost my house to Foreclosure.. quit my job after getting beat up by a charles manson look alike at a psych ward.. and moved to sc and couldn't get a job to save my life and now want to declare bankruptcy.. but can't afford it!! But the banks got a bailout that they don't have to explain where they spent it... What is a struggling mom to do?:confused:

You can file bankruptcy yourself though it is not really recommended to do this if you don't know what you are doing. All you would have to come up with is the federal filing fee in bankruptcy court. There are do it yourself bankruptcy kits out there but you have to remember to list all of your debts - all of them - not just cherry pick. Also if you want to reaffirm a debt such as a car loan you must get the debt holder to agree to this in writing (another form to fill out). It is possible for you to do this but there are some bankruptcy attorneys now that will take payments for their fee but the filing fee cannot be waived by them and must be paid in full for the bankruptcy to be filed. Check in the yellow pages for bankruptcy attorneys and see what you can come up with.

In the meantime, get all the paperwork to all the companies you do owe together. Get the correct name of the company, the correct mailing address, your account number, their correct phone number, and the amount of debt you owe. Also, you will need the date you opened the account with that company. Once you have all that info together if you can't find an attorney willing to work with you, you will have all the necessary info compiled so you can fill out your own bankruptcy paperwork.

Quote:

Originally Posted by twinkiedooter

You can file bankruptcy yourself though it is not really recommended to do this if you don't know what you are doing. All you would have to come up with is the federal filing fee in bankruptcy court. There are do it yourself bankruptcy kits out there but you have to remember to list all of your debts - all of them - not just cherry pick. Also if you want to reaffirm a debt such as a car loan you must get the debt holder to agree to this in writing (another form to fill out). It is possible for you to do this but there are some bankruptcy attorneys now that will take payments for their fee but the filing fee cannot be waived by them and must be paid in full for the bankruptcy to be filed. Check in the yellow pages for bankruptcy attorneys and see what you can come up with.

In the meantime, get all the paperwork to all the companies you do owe together. Get the correct name of the company, the correct mailing address, your account number, their correct phone number, and the amount of debt you owe. Also, you will need the date you opened the account with that company. Once you have all that info together if you can't find an attorney willing to work with you, you will have all the necessary info compiled so you can fill out your own bankruptcy paperwork.

Wow! Thanks for your info... Ive got a lot of work to do... I really appreciate your advice... I didn't know I could do it myself... God Bless

You can use GOOD, even excellent options that are readily available under the law. Though, of course, none of the bankruptcy attorneys who, of course make a fortune out of the bankruptcy BUSINESS, ever tell you about. They are: 1) hire and use a good, competent, Bankruptcy Document Preparer that are expert preparers of the bankruptcy petition papers who are approved under the bankruptcy law itself to do the bankruptcy paperwork for debtors - at low, low rates. Their prices are dirt cheap; almost everyone can afford it (from $190 to $250 or so for a Chapter 7); For a great one of those companies that I know, go to: www.afford-bankruptcy.com
Or 2) You can use a reliable and competent Debt Settlement company. (For info on an excellent one, go to: www.honestdebtreliefreviews.org

Quote:

Originally Posted by askbankruptcy

You can use GOOD, even excellent options that are readily available under the law. Though, of course, none of the bankruptcy attorneys who, of course make a fortune out of the bankruptcy BUSINESS, ever tell you about. They are: 1) hire and use a good, competent, Bankruptcy Document Preparer that are expert preparers of the bankruptcy petition papers who are approved under the bankruptcy law itself to do the bankruptcy paperwork for debtors - at low, low rates. Their prices are dirt cheap; almost everyone can afford it (from $190 to $250 or so for a Chapter 7); For a great one of those companies that I know, go to: Making Bankruptcy Affordable for Consumers, a Constitutional Right
or 2) You can use a reliable and competent Debt Settlement company. (For info on an excellent one, go to: Review Uncovers Best Online Debt Relief Company Amidst Scammy Ones

Very interesting info. I used to do all the compiling and filling out of the bankruptcy forms at a law office I worked at for 7 years. It's not that hard if you have a computer software program to follow and punch in the information... but if you're using just the paper forms it can be a nightmare. The only thing attorneys are good for is to double check the information and show up at the creditor's/trustee meeting with you. If you are not afraid of going it alone and tell the truth in your finances and not play games you'll be able to do okay in this area and sail through your trustee meeting and get your bankruptcy discharge paperwork in about 2 months or less.