2 Common Myths About DIY Bankruptcy Software

With the growth of computers and internet access, many people now turn to information online for help with anything they need. However, this is often a serious misstep for anyone considering bankruptcy as a solution to their financial problems. In fact, a do-it-yourself approach to bankruptcy can seriously damage a person’s finances when they decide to file.

If you’re thinking about filing for bankruptcy but are not sure whether you should opt for bankruptcy software or the help of an attorney, our advisors may be able to help you. To discuss how our services can benefit you, contact the Birmingham bankruptcy lawyers of Greenway Law, LLC, today at 205-324-4000.

Misconceptions Regarding DIY Bankruptcy

There are two main myths regarding DIY bankruptcy that can mislead you when you are filing for bankruptcy. These misconceptions include:

Myth #1: It is cheaper if I file on my own.

Actually, some DIY bankruptcies may end up costing a debtor more in the long run. With creditors often trying to prevent debt from being discharged, a debtor may not have as much debt forgiven as possible. Without a lawyer, debtors leave themselves unprotected from the whims of creditors and bankruptcy trustees.

Myth #2: Bankruptcy software will do all the work for me.

While many computer bankruptcy programs are well put together, they certainly can’t provide the same kind of careful help and attention that an attorney can offer. Lawyers can help with paperwork, reveal little-known options or exemptions during bankruptcy, and provide tough representation, among other things.

Contact Us

If bankruptcy is a part of your future, we can help make this process go as smoothly as possible so that you can return to financial stability. To learn more about your Birmingham bankruptcy options, contact the Birmingham bankruptcy attorneys of Greenway Law, LLC, by calling 205-324-4000 today.