BANKRUPTCY BENEFITS: HOW BANKRUPTCY CAN SAVE YOU
Understanding the benefits of bankruptcy can be helpful in making the right decision if you are considering filing for bankruptcy. Our experienced bankruptcy attorney can help you understand the benefits of bankruptcy. Many people in financial trouble have issues such as:
- Out of control credit card bills
- Inability to pay medical bills
- other unpaid bills or loans that are not secured by collateral
Filing for bankruptcy can lead to a complete discharge of your unsecured debts, give you more time within which to pay off the debts or stop your creditors from harassing you until you are able to pay.
The First Benefit: An Automatic Stay
The first major benefit following a bankruptcy filing is that creditors will not be allowed to contact you by any means, and a court order will immediately halt all collection actions and lawsuits to collect debts. In addition, if your wages are being garnished, or any of your property such as your car is about to be repossessed, filing for bankruptcy stops the process.
More often than not, filing for bankruptcy protection is the most effective financial decision and it is important to get trusted advice in order to make the right decision. If you are burdened with debt that you are unable to pay, you may come to the decision that you need a fresh financial start. You can file for bankruptcy to get that fresh start to be free from crushing debt. When you become free from debt, life becomes far easier, with enough money to manage your daily expenses.
Why Work with Our Firm?
At Buckley Law Offices, P.C., we are highly skilled in bankruptcy matters. Working with our bankruptcy attorney who is experienced in this area of law can help you completely resolve your financial problems. There are various types of bankruptcy and our firm will need to review your situation in order to determine the type that will best suit you. We assist individuals and business owners in filing Chapter 7, Chapter 11, and Chapter 13 bankruptcy.
Our founder, Attorney David E. Buckley is an experienced litigator who regularly appears for clients in federal court. With a strong reputation in the legal community, his knowledge of the law and the bankruptcy process has been very beneficial for individuals, couples and business owners in financial trouble. Contact him today by calling the office or submitting an online form!
Contact Us Today!