Upsolve
Upsolve is a fintech company based in New York, providing free tools and educational resources to assist low-income individuals in the U.S. and Canada with self-filing Chapter 7 bankruptcy.
Company Overview
Upsolve is a fintech company based in New York, NY, USA, with a team size of 5. It specializes in consumer finance within the fintech sector. The company is part of the Y-Combinator W19 batch and operates primarily within the United States of America and Canada. Upsolve's mission is to provide free online tools and education to help low-income individuals file for Chapter 7 bankruptcy independently.
Bankruptcy Filing Tool
Upsolve offers a free bankruptcy filing tool that is accessible through both mobile and desktop web browsers. This tool is designed and built with the help of experienced bankruptcy attorneys to ensure accuracy and reliability. It allows users to navigate the Chapter 7 bankruptcy process on their own, providing a cost-effective solution for those in financial distress.
Educational Resources
Upsolve provides a range of educational resources including articles and videos on the bankruptcy process. These materials are created by experienced bankruptcy attorneys and aim to educate users about their options and the steps involved in filing for bankruptcy. The company also offers real-time court updates via text message after filing, keeping users informed throughout the process.
Community Support
Upsolve fosters a supportive community through its Facebook group, where users can seek support and engage with others facing similar financial challenges. This community aspect enhances user experience by providing a platform for shared knowledge and encouragement.
Funding and Recognition
Upsolve is funded by donations from notable entities including Harvard University, the former CEO of Google, and the Legal Services Corporation. The company has been recognized by major media outlets such as The Wall Street Journal, The New York Times, Forbes, and Fast Company for its innovative approach to bankruptcy filing. To date, Upsolve users have relieved a total debt exceeding $734 million.