By: Balva Rudick
If someone finds themselves with overwhelming financial debt they may end up filing for bankruptcy. This should always be a last resort however because there may be other options available for people to get out of debt. If bankruptcy is the only option it is now possible to file bankruptcy online. Bankruptcies are always handled by Federal Bankruptcy Courts, never by state or local courts. These courts have established a system that allows a person to file bankruptcy online.
However, in order to use the system to file bankruptcy online the case must be handled by an attorney. Individuals who want to file bankruptcy online without hiring an attorney are not allowed to do so. There are various websites that do offer assistance to people who want to handle it themselves. This can include advice on the types of bankruptcy relief available and even access to various bankruptcy forms with instructions on how to fill them out and where to file them.
It is highly recommended that people do get an attorney to represent them. This will not only allow them to file bankruptcy online but insure that they get the expert legal advice they need to choose the right course of action. Individuals have the choice of filing a Chapter 7 Bankruptcy that allows them to discharge or get rid of most of their debts. However, they also have to give up most of their property. On the other hand Chapter 13 Bankruptcy gives people a way to reorganize and pay their debts over a period of from three to five years. It also allows individuals to keep their property but they must have a regular income in order to qualify for this type of bankruptcy.
When someone wants to file bankruptcy online and they consult with an attorney they will usually be told about other options that may be available in order to avoid bankruptcy. All of these options should be tried first because bankruptcy will often do long term or even permanent harm to an individuals credit making it impossible to borrow money or even get a credit card in the future. Even when people want to file for bankruptcy on their own they should still use the different resources on the Internet to look into other alternatives. Taking the step to file for bankruptcy is truly a life altering decisions and should only be taken after all the facts are considered and all of the possibilities are weighed.
About The Author:
Balva Rudick is the Editor and Publisher of Article Click. For more FREE articles for your ezine and websites visit - www.articleclick.com
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