Severe financial challenges can easily send the most thoughtful and intelligent people into a cloud of confusion. When struggling under the weight of snowballing interest, missed payments, creditor harassment and insufficient income to meet debt obligations, it is very hard to see the light at the end of the tunnel–or to develop a strategy about how to get there. For many people, the focus becomes immediate: how to survive, how to stop repossession, how to stop foreclosure.
If you are considering personal bankruptcy, our firm here to provide the advice and counsel you need to make the decisions that are best for you and your family. Deciding whether or not to file for bankruptcy is a critical decision on its own. We can possibly help alleviate some of the stress associated with that decision by explaining the process, the effects and the benefits.
After deciding that personal bankruptcy is the right decision for you, however, you still need to determine which form of bankruptcy best suits your particular circumstances and specific financial situation. Chapter 7 and Chapter 13 are both potential options for many people, but they are distinct and have unique qualification requirements and different effects on debt repayment or liquidation. We can explain the differences and the pros and cons of each.
Filing for bankruptcy is an intensive process that is not easy. However, in many cases, the difficult process is worth it if it helps you deal with unmanageable debt and get a fresh financial start. If you rely on us to help you navigate the world of filing for bankruptcy, we will be with you every step of the way. We will advise you on what forms of relief you qualify for and help you prepare the necessary petition and accompanying paperwork and evidence. In most cases, it is simply not worth it to try to navigate this process on your own without experienced advice and counsel.
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