Many things come in seasons — even in the legal business.
This is the beginning of what we call “bankruptcy season.” Even though tax refunds are starting to come in, many people are faced with leftover bills from Christmas and last year, that they just cannot pay. If you need a fresh start reorganizing your bills, give us a call to learn how bankruptcy can help.
In the meanwhile, here’s some valuable information to get you started:
Chapter 13 bankruptcy can restructure your bills and prevent a foreclosure on your home. You will have a budget based on your actual income and expenses. It will be custom tailored to your situation and within your ability to pay. With Chapter 13, the bankruptcy judge will review the budget, and your creditors will be bound by it. We have saved thousands of properties from foreclosure and have helped people get their lives back on track.
If you do not have secured property (i.e. house), a Chapter 7 may be the way to go. We can shut down collections from overwhelming bills and get you out of debt in as little as a few months. You usually need to go to court only once, and your debts are forgiven.
A surprising side effect of bankruptcy is that most people have their credit rating improved. That’s because you are getting out from under tens of thousands and sometimes hundreds of thousands of dollars of debt you can never repay on your own.
If you are being held back by bills you cannot ever seem to pay, give us a call. We can help you get your life back.
Written by: Greg Gouner