Comments on: Debt Settlement Pros and Cons http://stopdebtcollectors.debt-collector-problems.com/2009/12/17/debt-settlement-pros-and-cons/ Bad Debt Collectors - find out what you can do to stop them. Tue, 14 Jun 2011 16:38:24 +0000 hourly 1 http://wordpress.com/ By: stopdebtcollectors http://stopdebtcollectors.debt-collector-problems.com/2009/12/17/debt-settlement-pros-and-cons/#comment-372 Mon, 29 Mar 2010 22:54:53 +0000 http://stopdebtcollectors.debt-collector-problems.com/?p=239#comment-372 Perhaps instead of using “must” here, “should” would have been more appropriate. Bankruptcy used to be something you could DIY but recently bankruptcy laws have changed and the change has been significant. Most people do not have time to put in the research to avoid common mistakes that may cost you in the long run. A good bankruptcy lawyer has access to specialized information to aid in handling your bankruptcy case. Click here to speak to an attorney for a free consultation to see if bankruptcy is right for you. An attorney may help you avoid bankruptcy by helping you apply for other debt solutions.

]]> By: Nikjak http://stopdebtcollectors.debt-collector-problems.com/2009/12/17/debt-settlement-pros-and-cons/#comment-366 Sun, 14 Mar 2010 03:56:29 +0000 http://stopdebtcollectors.debt-collector-problems.com/?p=239#comment-366 You must consult with an attorney to go through bankruptcy
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No, this is incorrect. If a person is literally able to fill out an income tax return, he or she is more than capable of filling out bankruptcy forms. It’s not rocket science. Basically, information transfer is the backbone of bankruptcy. Instead of giving the financial information to a lawyer and his office hirelings to fill out, a person can fill out the forms. All it takes is knowing you don’t need a lawyer, and persistence.

How do I know? I just filed last Monday, no lawyer, so far, no problems. Within this week, I have received notification of my Creditors’ meeting–basically the only meeting required–and even if I had a lawyer representing me, he would not be allowed to participate in the Creditors’ meeting. He cannot answer for me any question put to me by a creditor or the court trustee. And besides, since I’m broke and going into bankruptcy, how can I (or anyone else) afford a couple of thousand bucks for a lawyer??

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