Do I Need An Attorney To File For Bankruptcy?

Every year thousands of people find themselves in financial difficulties and they are forced to declare bankruptcy. However as recourse many find themselves too broke to even file for this and thus are left with no means of going forward. Fortunately the law has provided a means in which a person can file for bankruptcy on their own. this means that individuals who are under strenuous financial stress can simply apply and be granted bankruptcy without attracting other added fees. Pro Se Litigants The law provides for individuals who want to represent themselves during bankruptcy Read More …

5 Tips to Help You Avoid Bankruptcy

Why should you avoid bankruptcy at all costs? Although bankruptcy may seem to be a quick way to escape a heavy debt burden in the short-term, it can have serious financial consequences in the long-term, particularly in the wake of changes enacted to bankruptcy law in 2005. Those who declare bankruptcy under the new laws may find themselves with a poor credit rating.  This could affect their ability to avail of credit at standard interest rates for up to a decade. This means that any loans you are granted will come with high interest charges. Read More …