Bankruptcy is a legal proceeding in federal court in which a person with debts (called the debtor) can be freed or “discharged” from most of the debts. There are different chapters or types of bankruptcy. Two types of bankruptcy are Chapter 7 and Chapter 13. If a debtor files for Chapter 13 bankruptcy, the debtor will be able to work out a repayment plan with their creditors. If a debtor files for Chapter 7 bankruptcy, they will get some debts discharged.
Below are several resources to help you figure out if bankruptcy is right for you and to walk you through the process of filing for a Chapter 7 bankruptcy.
Should I file for Chapter 7 Bankruptcy?
How do I file for Chapter 7 Bankruptcy?
If you have not reviewed the guide above, please do so. If you are ready to file for bankruptcy, this guide will walk you through all of the necessary forms to file for bankruptcy. Set aside several hours to complete the process. If you need to take a break, save your online forms to come back to the step you are on at a later date. You can find the guide at coloradolegalservices.articulate-online.com.
You might qualify for legal assistance from Upsolve, a 501(c)(3) legal aid nonprofit. Upsolve is an online program focused on assisting low-income Americans work through Chapter 7 bankruptcy at no cost. You can find more information about Upsolve by going to their website upsolve.org.
Also, the U.S. Bankruptcy Court website contains information and the forms that you can use to file for bankruptcy without an attorney. The website is https://www.utb.uscourts.gov