Do-It-Yourself Bankruptcy - Can You Attempt to Declare Bankruptcy Without an Attorney?

If you have reached a position where, even with significant cut backs in your spending, you would be unable to repay your outstanding debts within three years, then you are probably in a position where you are considering the possibility of bankruptcy. However, even if you are absolutely certain that you do need to file and that you meet the criteria required, you should still avoid a do it yourself bankruptcy at all costs. You absolutely must hire a lawyer with experience and expertise in the field.

The lawyer will look at your situation from a legal standpoint and take into account the experience he has had in previous cases and he will be able to advise you accurately. You could even be shocked to find that bankruptcy is not the best thing for you to do and finding out at this stage, as opposed to finding out too late if you attempt a do it yourself bankruptcy, will save you a lot of financial and practical hassle.

In 2005, Congress made a number of changes to the bankruptcy procedure and these changes have made the law notoriously complicated, even for legal professionals!! As such, a do it yourself bankruptcy is simply no longer the viable possibility that it once was. The law is continually evolving and even lawyers struggle to keep up sometimes. Without a legal background you will find it near impossible to understand the procedure fully and will therefore find yourself struggling hugely.

If your worry is the legal fees, take into consideration the fact that, if you are successful in filing, then you will have a number of debts eradicated altogether, thus freeing up funds to be able to pay the legal fees accrued during the process. Consider attorney fees and unavoidable expense if you want to succeed in filing.

Think Like a Billionaire, Become a Billionaire - Book Review

The subject of money, in some circles, is a subject that most pastors prefer not discussing with their parishioners. I think that this is a mistake. This subject ought to be discussed from time to time. Not to promote greed or worldliness, but to encourage stewardship in the life of the believer.

Christ spoke about money more than any other subject during his earthly ministry. More than Love, evil, sacrifice, Etc. So why is it that we equate rich with evil and poverty with piety? This book is one that offers some biblical views of how we are to think about money and how we are to use money. While promoting a balance view in ones approach towards money, the author is not requiring its readers to be worldly in order to achieve financial freedom and increase net worth. Quite the contrary, the author points out that we must put on the mind of Christ that we may have a godly approach towards money.

The aim of the author, I believe, is not that the reader desire to become a billionaire. However, I think the aim here is to change one's thinking in money matters, persistence, faith, godly stewardship of one's resources, work ethic, and time management with a God-ward view. And in doing these things, you will reap, in this process of this change, the reward of becoming a financially stable individual that glorifies God in their stewardship of money.

I also thought the workbook in the rear of the book offers some helpful tools on:

Personal Vision Budgeting Personal accountability Mind changing biblical references Discipline Tips on how to achieve Good Credit The rewards & building a road map to savings Time management And more

My conclusion is that this book is a good read for the lay person, including, both single and married persons, teens, church leaders, non-profit administrators, executives, and corporate leaders.

For reviews on other books visit Christian Business Ethics - Book Reviews