Plunging into Bankruptcy - Financial Speedometer

Filing for Bankruptcy: What You Need to Know

If you’re considering filing for bankruptcy, you’re not alone. More than 1.4 million Americans filed for bankruptcy just last year. The decision about whether to file bankruptcy is usually not clear-cut and there are several factors that go into it. Tim Chen, founder and CEO of, explains what these factors are and what you need to know.

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5 Essential Steps for Filing Bankruptcy without a Lawyer

You don’t need to hire a lawyer to file bankruptcy, but keep in mind that just because you file for bankruptcy protection doesn’t guarantee that a judge will ultimately accept your request. Following these essential steps can help prevent a bankruptcy judge from rejecting your case.

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