What might a financial "Fresh Start" mean to you? Do you know that Congress passed... more
What might a financial "Fresh Start" mean to you? Do you know that Congress passed the Bankruptcy laws to give you that Fresh Start? Do you know how to determine if this is for you? Do you know that "waiting too long" to file Bankruptcy is the most frequent mistake bankruptcy clients make, and that waiting too long can cost those people many thousands of dollars in Fresh Start assets they no lo... view profile
A bankruptcy attorney can help you manage personal or business debts you are unable to pay. Bankruptcy laws allow people and businesses to (1) get a “fresh start” by relieving most debts; and (2) repay the money owed to all creditors as fairly as possible. When you file for bankruptcy protection, all other legal actions against you are put on hold. Creditors cannot sue you, garnish your wages, repossess your car or home entertainment system, or start or continue with a foreclosure action against your home. There are different types of bankruptcy filings and each has its own advantages. Since bankruptcy can significantly impact your future purchasing power and credit rating, you should see a bankruptcy attorney to make sure the benefits of filling bankruptcy outweigh the consequences.