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‘TurboTax’ for Bankruptcy: Upsolve a Potential Industry Disrupter

May 16, 2018, 11:07 AM

Attorneys are keeping an open mind about the potential impact on their livelihoods of a software-based product that aims to make it easier for consumers to file bankruptcy without their help.

Upsolve was launched two years ago to assist people who can’t afford to file Chapter 7 get a fresh start. The non-profit is designed as a legal disrupter and is often compared with TurboTax, the software tool that revolutionized tax filing and pressured accountants when it was developed in the mid-1980s.

It wants those with a legal problem to ask, “what technology company can help me?” not “what ...