I live in MA, USA. How does filing for bankruptcy work? What do I need to do?

Question

I live in MA, USA. How does filing for bankruptcy work? What do I need to do?

Answer 1

David R is absolutely correct, you need to speak to a good bankruptcy attorney. They will see you on a free consultation. They will need to see your pay stubs for the last 6 months, assets, list of all your debts and the last 4 years of taxes. Based on that information, they will be able to tell you what you qualify for. You can review this website... www.bcsalliance.com  It's a great site for debts, credit, and bankruptcy issues and will explain the differences in all the chapters of filing. Good Luck!

Answer 2

Go to a bankruptcy Attorney.  DO NOT try to do it yourself, DO NOT let a friend help you.  Bankrutcy is complicated and easily messed up, go to a professional to talk about all of the options, rules and consequences.