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Can I File for Bankruptcy for Free?

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From Quick Guide: Bankruptcy Resources

Summary: Bankruptcy claims can be filed for free by filling out forms that are available online from the bankruptcy court in your district. Seek legal advice, and learn the procedure for filing bankruptcy with information from a lawyer in this free video on bankruptcy.

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By Andy Forman
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Andy Forman, Attorney at Law, has been in bankruptcy representation for over two decades and has lead council in over 3,000 bankruptcy cases. Forman is a member of the Florida Bar and...read more

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Video Transcript

"Well, you want to know, "Can I file a bankruptcy for free?" You need to file. You need the relief that bankruptcy can provide, but you're not able to pay for it. My name is Andy Forman, and I'm a bankruptcy lawyer. I can give you advice in this area. You are able to file a bankruptcy for free. The forms that need to be filled out are available online from the bankruptcy court in your district. There's also a procedure in the bankruptcy code that allows insolvent debtors to ask the court for permission to waive the filing fee. It's called 'informer pauperis'. And it's basically meaning you're insolvent and you're about a hundred and fifty percent below the poverty line. I don't advise filing a bankruptcy without seeking legal and competent advice, it often costs more to fix a bankruptcy than it does to file it in the first place. Bankruptcy is a complicated statutory scheme involving both state and federal law, and I think you'd be well advised to seek legal advice and retain a lawyer. It will be well worth the outcome to do so. Again, my name is Andy Forman, good luck."

eHow Article: Can I File for Bankruptcy for Free?

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