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For the first time in more than 30 years, bankruptcy experts are revamping the forms people use to file for bankruptcy. The new official bankruptcy forms, which are expected to become available on Dec. 1, are designed to be less confusing and free of legal jargon to make it easier for the average person to complete. However, during the recent public comment phase for the new forms, critics complained that the simpler format may mislead filers into incorrectly thinking they can handle their own … [Read more...]