How do I pay for a Florida Bankruptcy if I am broke?
This is a question that comes up in nearly every bankruptcy situation. There are debtors who try and self-file thinking they are saving money on legal fees and just paying the court costs.
Most of the time debtors wind up going to see an attorney shortly thereafter because their case has just been dismissed. The process can be very difficult. If you do not fill out documents correctly or miss deadlines your entire petition can be dismissed. Now your out court fees and will have to pay those again most likley if you choose to refile. Had you gone to an attorney to begin with, you probably could have avoided dumping these costs and saved yourself some stress.
Many times, if a debtor knows bankruptcy is imminent, the debtor can free up extra cash by stopping payent towards unsecured creditors. Unsecured creditors are creditors who do not have collateral againt the debt they are owed. For example, credit card and medical debt is usually considered unsecured debt. If you are entitled to a tax refund this year you can put it towards your legal fees to file bankruptcy. Once you file the refund may be subject to administration by the Trustee in a bankruptcy anyway to pay your creditors.
If you have questions about the bankruptcy process, please contact Jacksonville Bankruptcy Attorney.
Greg Gilbert
Keith Maynard
