You Can You Declare Bankruptcy by Saying It in Public?

In an episode of The Office, when Michael Scott’s finances are tight, he screams, “I declare bankruptcy!” His accountant Oscar says, “Hey, I just want you to know that you can’t just say the word bankruptcy and expect anything to happen.” Michael replies, “I didn’t say it, I Declared It.” Of course, Oscar is right. Filing for bankruptcy requires preparing numerous documents, taking classes and paying a filing fee.  Sometime I wonder if congress purposefully created so many requirements just to limit the number of bankruptcies that are filed.  I know there are a lot of people who should file a bankruptcy but do not choose to do so because it seems overwhelming.  It does not need to be that way – a competent bankruptcy attorney can help you make the process doable and the right step for you.  In Utah visit us on the web at www.dlblaw.com

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