If you are considering filing for bankruptcy, you want to make sure that you have the ability to turn towards a legal professional that cares about your situation. First of all,... more
If you are considering filing for bankruptcy, you want to make sure that you have the ability to turn towards a legal professional that cares about your situation. First of all, however, understand that you arent alone in this endeavor for debt relief. With the country in a state of an economic downturn, there are many people that have found themselves floundering under mounting and serious deb... 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.