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The price of filing for bankruptcy has increased.

Posted on Wednesday, August 22nd, 2012 at 9:12 pm    

http://money.cnn.com/2012/05/07/pf/bankruptcy-costs/index.htm

In 2005, Congress amended the Bankruptcy Code. As a result of these changes, the price of filing for bankruptcy increased. Several studies have suggested that it is the middle class consumers that can only afford to file for Chapter 13 or Chapter 7 bankruptcy protection. However, considering how complicated the Bankruptcy Laws are, it is highly recommended that you hire an experienced attorney to represent you in the filing of a bankruptcy. At The Law Offices of Stuart B. Handelman, P.C. located in downtown Joliet, we provide low fees and affordable payment plans.