Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Filing for Bankruptcy and other Legal Forms topics.
Filing bankruptcy is a way for people to essentially start fresh after sometimes devastating circumstances. There can be many and various reasons for filing bankruptcy. The cost for filing bankruptcy includes the petition or forms to commence the action can range from $150 - up, depending upon which state you live in and the court costs associated with filing the petition. Filing for bankruptcy may provide a way for old debts to be erased and thereby help someone regain control of their financial future and on the path to a better financial situation.