If you are struggling financially in America, you are not alone. The economy has hit such a low that the city of Detroit has been attempting to file for bankruptcy. In 2011, the bankruptcy filing rate for Michigan was 5.64 for every 1,000 residents. If you are one of the many Americans considering finding a bankruptcy attorney, it is crucial to know how and when to file for bankruptcy.

Knowing when to file for bankruptcy may be the simplest part of the bankruptcy ordeal. Once your debts severely outweigh your net income, when to file for bankruptcy becomes clear. The question of how to file, however, is a different matter entirely.

There are a number of different options for you once you kn Read More