Bankruptcy Law May Push More to Riskier Self-filing

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001672-bankruptcy-law-may-push-more-to-riskier-s/

By Andrea Coombes, MarketWatch

New bankruptcy rules are boosting legal costs, a side effect that will likely push more debt-laden consumers to consider going it alone in bankruptcy court.

But if you fumble a bankruptcy proceeding, representing yourself could end up costing you more than you’d save on legal fees. Many bankruptcy lawyers will say you need a lawyer; self-help-book marketers will say you don’t.

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