How do you claim bankruptcy?

Answer by  patti (29325)

Filing bankruptcy is a legal matter. There are a lot of websites that detail the process. There are three basic types of bankruptcy. An attorney is helpful in the process and advising you of your rights as well as how to best handle each step.

Answer by  Dean (4035)

Bankrupty filing is an involved process with a number of requirements in order to be valid. While you can file on your own, it is helpful to engage the services of an attorney. There are websites that offer details.

Answer by  John (9008)

You have to file a lawsuit in federal bankruptcy court. It is best to talk to a lawyer before taking this step. Not all debts are dischargeable in bankruptcy, and you also might not be eligible if your income is too high or if you have too many assets.