Worried About Bankruptcy? Here Are 3 Resources You Might Need

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If you’re being harassed by creditors and facing garnishments and repossessions, then you might consider bankruptcy. If you’re unfamiliar with the process, then your mind is overwhelmed with questions and concerns that may keep you awake at night. Filing for bankruptcy has severe repercussions as it can stay on your credit report for up to ten years. If you’re considering making this drastic move, then you should consider the following three resources.

US Bankruptcy Court Website

One of the most valuable tools to you is the US Bankruptcy Court’s website. They have entire sections devoted to answering the most asked questions. You can find just about anything you need regarding the process on this site, and it can help ease your mind. Whether you’re considering a chapter 7 or 13, this is the place to go first.

Utilize Credit Counseling

The US Bankruptcy Court has requirements for credit counseling. You must show a certificate of completion before your case can be filed at the court. These counseling services evaluate your incoming versus your outgoing, and they see if there is any other way to get you out of debt besides bankruptcy. These counselors are trained to help with debt, so they can offer some valuable advice before you decide to file.

Hire A Bankruptcy Attorney

When asking the court to help with your debts, you have a couple of options. You can file as a Pro Se filer, which means you represent yourself in court. However, this is not advisable due to the strict regulations and the volume of paperwork. If you miss just one form that the court requires, it can cause your case to be thrown out.

The best way to get court assistance is by hiring a bankruptcy attorney. These professionals know the ins and outs of this US court branch, and they will be beside you every step of the way. Whether you’re at the 341 Meeting of Creditors and have a debtor appear against you, or you need a reorganization plan like is seen in chapter 13s, they can handle these issues with ease.

Getting Out of Debt

Choosing to file bankruptcy is usually something that is dictated by your financial situation. However, you will need to take the Means Test and show proof to the court that you cannot pay the debts you’ve incurred. If you have assets you want to keep or anything you want to reaffirm, it’s always best to let a lawyer handle these matters. The laws governing bankruptcy are quite confusing, and it takes a trained professional to manage it properly.


Lizzie Weakley is a freelance writer from Columbus, Ohio. In her free time, she enjoys the outdoors and walks in the park with her husky, Snowball.


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