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Filing bankruptcy is not overly complicated but you are thinking about doing it, you need to understand exactly what the process entails.  You will need to complete many different steps and you should ensure that the requirements of each are clear to you.   The information in this article is just what you need in order for you to file your claim with confidence.

There are lots of TV advertisements from companies promising quick solutions to clear your debt and help you navigate through the complicated bankruptcy process.   But you don’t need to resort to accepting aid from any of these dodgy companies.  Just follow this simple guide that will walk you through how to claim bankruptcy

1-    Attorney Consultation – most initial consultations are free and this is a great way to understand the process, go over all the details, and gain information about which forms you will need to prepare.  Choose a reputable attorney to make sure you get to benefit from all the possible advantages they can offer.
2-    Means Test – this test is designed to assess your eligibility for filing bankruptcy and will take into consideration all your assets, debts, and income.  This is a necessary step in the process of filing for personal bankruptcy.
3-    Bankruptcy Documents – filing all your documents is done at the bankruptcy court and a non-negotiable fee of about $300 is payable at this time.
4-    341 meeting – there are two important aspects of this meeting.  One Is to interact with your creditors and the other is to declare that you have filled in all the legal bankruptcy documents with accurate information.

You can learn lots about how to claim bankruptcy on the internet, but don’t forget that it’s a good idea to consult a qualified attorney to make sure you aware of any other options you may have prior to commencing the process.