Only it often comes with a big price tag.
Nearly 45% of the Central District CA Chapter 7 cases were filed by individuals doing it themselves. The national rules committee is drafting new bankruptcy forms with the unrepresented in mind.
Why do people take such a momentous step as filing bankruptcy without an attorney?
They go it alone, without a lawyer, for three reasons:
- They assume they can’t afford a lawyer.
- They assume that there are no consequences for doing it badly.
- They assume it’s “just filing out forms”.
What bankruptcy filing entails
Southern California bankruptcy lawyer Jay Fleischman outlined the steps in a bankruptcy case. Each of those decisions is one a pro per ( a person representing themselves in court) has to make to file their own bankruptcy case.
It’s a pretty daunting list. [Read more…]