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As the rate of bankruptcy filings in the United States continues, more people in this climate of rising prices, unemployment and debt are seeking out affordable bankruptcy options. 2005 held the record number of bankruptcy filings ever recorded in a single year and at the end of that year, the Bankruptcy Abuse and Consumer Protection Act (BACPA) was passed. Perhaps this is the only, or at least the main, reason behind the declining numbers the following year. If you discover that you are eligible to file for bankruptcy, then you are probably beginning your search for an affordable bankruptcy lawyer who can defend your side.

Nearly three-fourths of American adults will have at least one event per year that requires help from an attorney, according to a recent survey. But, of those people in need of legal assistance, only about half will actually seek legal advice from an attorney. What accounts for this behavior? The answer is a combination of practical and emotional concerns. Read more about “Money and Shame Prevent Legal Help in Bankruptcy Cases“.

Filing bankruptcy is a legal option for those struggling with debts that they cannot afford to pay. While personal bankruptcy is often seen as a last resort, the truth is that bankruptcy laws offer legal protection that most other debt-relief options do not. Deciding if bankruptcy is the right choice and determining if you are […]

Are you one of the individuals who are asking these questions: “What is the average bankruptcy attorney fees?” or maybe you are asking “How much does a bankruptcy lawyer cost?” If you’re planning to file bankruptcy then this is one of the important information that you need to know. Aside from the filing fee, the cost of the legal professional is the biggest expense when it comes to consumer bankruptcy filing. The average fee that an attorney can charge you is $252.50 an hour if we are to base it on the 2007 Altman Weil Survey of Law Firm Economics. This data refers to law firms and not private practice lawyers. Usually, consumer bankruptcy lawyers charge less than this amount.

Do you wonder on how to file bankruptcy with the current budget that you have? Declaring bankruptcy is not an easy thing to do. This article will teach you the three different ways on how to file for personal bankruptcy. Pick the solution that works best for your current budget.

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