How Upsolve Works

In a Nutshell Upsolve is a nonprofit organization that helps you file bankruptcy on your own, using a free on-line tool to generate your bankruptcy forms and clear your debt. Think TurboTax for bankruptcy. here ‘s how it works ! The bankruptcy arrangement empowers you to file on your own when you can ’ deoxythymidine monophosphate afford a lawyer, known as charge “ pro se. ” Upsolve is here for you through our spare joyride, attorney-written articles, and community support .

How Upsolve Works

2 Minute Video

(1) Take screener (2 mins) 

Take our screener to determine if you qualify for our free cock to generate your forms. If we ca n’t help, you can get a free evaluation from a secret lawyer or may qualify for legal aid aid in your area .

(2) Join the Upsolve Community (optional) 

Meet Upsolve users from your department of state and across the country by joining the Upsolve User Group on Facebook. You can learn more about the experience of filing on your own from actual Upsolve users who are actively going through the process right now. You can besides speak with users who have already received their dismissal to learn more about why they filed and how the summons was for them .

(3) Complete questionnaire and upload documents (90 mins)

Answer questions about what you make, spend, own, and owe. Upsolve pulls your credit report for you to save you clock. This information populates your bankruptcy forms. If you were employed, you ’ ll besides upload your last 60 days of paystubs. You can update your information any clock time before charge. If you were required to file tax returns from the past two years, upload them to your account. If you did not file returns due to receiving Social Security or not having earned income, you can skip this step .

(4) Take online credit counseling course (60 mins)

The bankruptcy court requires everyone to complete a credit counseling course before filing. This path is offered by another nonprofit that you can access directly through Upsolve. It costs $ 14.95, unless you qualify for a fee release. The path consists of answering questions and a brief call or on-line chat with a credit rating advocate. You can besides take it through any other approved supplier and upload your certificate to your score. Come rear to after finishing the course and choose a file date, which tells us when you plan to file your forms. You can file your forms before or shortly after this go steady. The court knows nothing about your file date. Your filing date precisely helps you make a plan to file. You do not need to make an appointment to file your forms at the court. After choice control for consistency and completeness, you can generate your forms. You ’ ll receive an electronic mail and textbook notification when your forms are ready. once downloaded, you can review your forms and make concluding changes using the case editor program before you print and sign them .

(7) File your forms 

You will either need to hand-deliver, chain mail, or electronically deliver the forms to the court. You ’ ll need to bring your ID and provide a filing fee, tip release application, or installment payment application. It ’ south constantly a good theme to deliver the forms in person if you can, but if you ’ ra means excessively far, you can mail them if you include a copy of your ID. See file instructions. You should constantly call the Clerk ’ s Office ahead of time to find out specific instructions. due to COVID-19, some courts are allowing you to submit the forms online. 🎉 When done, remember to congratulate yourself on filing! It’s the hardest part! Hooray 🎉

(8) Receive important case info from court and mail docs to trustee (15 mins)

A week after you file, you ’ ll receive “ Form 309A, ” which will tell you crucial information about your encase. This includes the mention of your “ trustee, ” the official who handles your sheath and the date of your “ 341 meet, ” which is where you ’ ll meet with your trustee. due to COVID-19 many courts are holding 341 meetings by video recording conference or telephone, which you ’ ll see on Form 309A. Your regent will require you to provide their office with sealed documents before your 341 touch. At a minimum, you ’ ll need to provide two years of tax returns and 60 days of yield stubs, if you received income .

(9) Take post-filing course (60 mins)

The bankruptcy court requires you to take a second gear on-line course, called a “ Personal Financial Management, ” after you file. This run is a draw like the credit rating counseling run, and it costs $ 9.95. You may qualify for a fee release. When you ’ re done, you must save your certificate, print it, and file it with the court. If you take the post-filing course through the associate Upsolve provides, the course supplier will file your security for you electronically. You can confirm it was filed by checking your court notices in your my.upsolve report .

(10) Attend meeting with your trustee (5 mins)

This confluence, besides known as the “ 341 Meeting of the Creditors, ” is between you and the trustee who handles your case. They ’ ll ask you questions about your forms. It normally lasts about 5 minutes. We have a video to prepare you.

Bring your photograph ID and social security card. Your trustee may tell you to make changes to your forms and come back at another date, in which lawsuit you should do precisely what they tell you. If you need to update your account, contact Upsolve .

Get your debt discharged!  

You ’ ll receive official comment of your debts being erased about two months after your 341 meet. 🎉 Congratulations! 🎉 Upsolve provides you with resources on how to rebuild your credit after bankruptcy .

The Founding Story

The mind for Upsolve came out of the Access to Justice Lab at Harvard Law School. One of our co-founders, Rohan Pavuluri, was working as a research adjunct, testing wallpaper packets that explained different parts of the law to low-income Boston residents. One of the packets was for bankruptcy. After seeing the massive positive impingement bankruptcy could have on person ’ mho liveliness, Rohan had an estimate. He set out to build a TurboTax-like creature that would help people across all of America file bankruptcy on their own for rid. Rohan soon met Jonathan Petts who had worked for 10 years in the bankruptcy world, getting a Masters degree in bankruptcy law, clerking for two bankruptcy judges, and working at two big law firms in NYC. In his free time, Jonathan did a lot of pro bono bankruptcy cases and saw how much impact a technology tool could have in bankruptcy. With semen financing from Harvard University, the Robin Hood Foundation, and the union government through the Legal Services Corporation, Upsolve was born. Upsolve launched nationally in the summer of 2018 and has become the largest nonprofit in America for bankruptcy, with thousands of cases filed and over 2 million web site visitors. We ’ ve built a team of lawyers, engineers, and early bankruptcy judges. We ’ ve besides become a leader in the competitiveness for a more accessible, precisely legal system. “Upsolve plays a critical role in making sure that people who can’t afford a bankruptcy lawyer are still able to access the bankruptcy system. It’s an important part in promoting equal rights under the law.” – Ed Boltz, Former President of the National Association of Consumer Bankruptcy Attorneys  “The income tax system is extremely, extremely complex. Much more complex than the bankruptcy code. But yet we have TurboTax…I don’t understand why we can’t do something similar to that for simple Chapter 7 bankruptcies.” – Judge Henry Callaway, Chief U.S. Bankruptcy Judge for the Southern District of Alabama and co-author of “ Too Broke for a Fresh Start ” with Upsolve co-founder Jonathan Petts

Select Press

Upsolve named as one of TIME ’ S 100 Best Inventions of 2020 ( TIME ) founder of start-up helping poor erase debt for detached : legal fees block ‘ civil right ’ ( Chicago Sun-Times ) The 10 most innovative nonprofit organization organizations of 2020 ( Fast Company ) Upsolve Moves up : Under 30 Cofounder ‘s Bankruptcy Service Is Just One Click Away ( Forbes ) The 2018 Good Tech Awards ( New York Times )

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Category : Finance

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