Bankruptcy is complicated, and the process of declaring bankruptcy can be time-consuming, expensive, and stressful. However, many people find that filing for bankruptcy without a lawyer is not only a viable option, but it may also save them money in some situations. Declaring bankruptcy without a lawyer might seem like the perfect solution to getting out of debt, but it's usually not. It's easy to think that you can save money by avoiding hiring an attorney, especially when you can file a Chapter 7 or Chapter 13 bankruptcy and will be able to wipe away your debts without having to pay them back. But before you jump into this decision, you should know what lies ahead. Bankruptcy filing Insolvency or bankruptcy can be defined as the inability to pay bills on time when an individual becomes insolvent. You will lose control of your finances and assets for a while if you file for bankruptcy. Changing your debit ar...