Technology has changed the way we do many things, from shopping to communicating with family and friends to the way we search for information. It should come as no surprise then that technology has also changed the way people can file for bankruptcy. Instead of paying fees for bankruptcy lawyers, you can now easily learn how to file for bankruptcy by using online resources. Filing for bankruptcy online has many advantages, and can help you reduce fees and expedite the filing process, while helping you on your journey toward debt relief.
As in any other field, bankruptcy lawyers can be expensive for someone who is trying climb out of debt. To avoid these fees, one option is to file bankruptcy yourself online. Simple cases may be done without an attorney. However, keep in mind that bankruptcy laws are constantly changing, so websites may not always be up to date. In this case, it may be better to consult a bankruptcy lawyer, as qualified lawyers can provide invaluable assistance for your case. For information on types of bankruptcy, click here.
However, there are many steps in the filing process you can complete online, including:
- Obtaining a free credit report.
- Finding a bankruptcy lawyer.
- Using software that helps you with the process step by step (with the help of an attorney).
- Looking up rules and regulations for each type of bankruptcy and determining your eligibility.
After successfully filing for bankruptcy, there are many advantages in using technology to keep track of your expenses and to make sure you are paying your bills on time. Taking advantage of technology can be a great way to make sure you stay out of debt, repay your old debts and rebuild your credit score.
Things you can do with technology:
- Create an excel spreadsheet for payments (due date, amount owed, amount paid, remaining balance and so on).
- Create online reminders either with your bank or simply on a calendar to remind you when payments are due.
- Use free websites or software to keep track of your expenditures and determine how much you spend in different categories (food, fun, essentials and so on).
- Use software or spreadsheets to determine a set budget every month for your expenditures.
Technology is a powerful tool you can use to your advantage after filing for bankruptcy. The most important rule is to keep your finances as organized as possible, so that you pay all your bills on time hereafter. Remember, filing for bankruptcy is not the end; it’s the means for new possibilities and a chance to improve your financial situation.
This is a guest post from Nicky Zolinski. Technology has enhanced the way we handle our personal and professional business. Take advantage of these great tools while they’re available!