You’re telling me that I can file for Bankruptcy for less than $200?! Sweet! Sign me up. But wait..what’s the catch? For “less than $200,” there is ALWAYS a catch.
It’s true that hiring a Bankruptcy attorney to represent you in your Bankruptcy case is not a requirement under the U.S. Bankruptcy Code. You have every right to file without an attorney and represent yourself (pro se). You can even hire a non-attorney Bankruptcy petition preparer to help you. But is it worth it?
Not to be crass, but non-attorney Bankruptcy petition preparers are essentially nothing more than glorified typists. If you have access to a computer and can type, save yourself the $200 you would be paying a Bankruptcy petition preparer, and prepare your petition yourself.
But why does hiring an attorney cost so much more? Simple answer: Because you are getting so much more than a type-writing service in return.
If you’re still on the fence, consider what a non-attorney Bankruptcy petition preparer CAN and CANNOT do:
There are so many other limitations and considerations to take into account when deciding whether to hire a Bankruptcy petition preparer. Be wary of making any decisions that you could end up majorly regretting later simply because the price tag looks appealing.
02/05/2019 | Illinois