Claiming bankruptcy is a scary and stressful notion for people who are in financial turmoil. To make matters worse, these people have to find a way to come up with the money to hire a bankruptcy lawyer. This depletes their limited finances even further. On a lighter note, there are actually cheap bankruptcy lawyers out there, but there’s no guarantee that the services they offer are of quality. You might be paying for a substandard service that’s not worth the price you pay.
Aside from seeking the services of a bankruptcy lawyer to help you gain financial freedom, you can make use of cheap bankruptcy software kits found online. This can be utilized by individuals or businesses that are looking to eliminate their debts. However, it cannot surpass the services offered by a qualified lawyer. These kits cost as low as $50 and you can have a DIY bankruptcy. This amount, however, is not inclusive of the bankruptcy filing fees.
Whether you want to file Chapter 7 or Chapter 13 bankruptcy, all the forms you need are already included in the kit. The means test that’s required under US bankruptcy law also comes with every purchase of the kit. If the law changes, the software gets updated along with it. Various formats of the forms are available, including MS Word and PDF. When you purchase the kit, you will be able to access the attorney referral service for free.
For those who want to file under Chapter 11, a business bankruptcy software kit is available. You can find complete forms for Chapter 7, 11 and 13. The price of the kit is only $30. Plus, it comes with a money back guarantee. The kit is a great option if you’re willing to file a claim on your own. It is definitely a cheaper alternative compared to hiring an expensive lawyer.
If you don’t have the means to hire a cheap or an expensive lawyer, a do it yourself bankruptcy will suffice. Since this kit serves somewhat as a guide, claiming bankruptcy on your own no longer seems as intimidating as before.