Bankruptcy Services at a Bankruptcy Mill

Disheartening it is to see a hard-working and earnest family pushed to the edge in terms of bankruptcy proceedings being thrown out of their own home because someone steered them towards unreliable services to help them solve their own crisis. Things are so tight these days, that even a few days of layoffs in the family can push everyone to the brink of financial disaster. People in temporary trouble like this do know that things could get better really soon; and to keep the creditors from foreclosing on their home, they could retain a lawyer out of the Yellow Pages who specializes in bankruptcy services.

Lawyers are not strongly disliked for no reason; often they can just take your money, sell you hope, and just never do their job. They could salvage their conscience with something silly like, “at bargain basement prices, what did you expect, all my attention?”. This kind of work isn’t even that complicated – he’ll just need to show up, and submit your undertaking that you intend to honor your debts. But if he doesn’t do that, they will rule against you, and you won’t even know until the day the bailiff shows up to inform you that you are now an intruder in your own home.

So what happens when you go to one of these people? How bad can it be? These meat grinder practices can cost you your life savings, your home, and your shot at happiness in the future. These bankruptcy services called mills, can give you such bad information, that you would have a hard time believing you’re in America, a country where everything is supposed to be properly regulated. Consider the case of three students in upstate New York who suffered under a crushing student loan debt. They thought they could approach a storefront bankruptcy petition preparer to file Chapter 7 to have their student loan forgiven. Of course such a thing isn’t possible, but that bankruptcy service was perfectly happy to take their money, and tell them a couple of days later that the job was done. And then the collection agents started calling a couple of years later, and they have this on their credit record.

This reminds me of a trip to Mexico once; there was someone selling sneakers on the street for $1.50 a pair. This was astonishing of course and I thought I would check them out. They had used nails to hammer the soles to the uppers; and the nails protruded through to the insides of the shoes. When I asked him about the idea behind this, he just said what did I expect for $1.50? Not, bloodied feet, I’m sure.

Still not sure whether you qualify to file for bankruptcy? Consult a bankruptcy attorney.