If your debt is weighing you down and keeping you up at night, you don’t have to deal with it alone. Excessive debt causes anxiety, embarrassment and marital stress. Unfortunately in these hard economic times, millions of people across the United States are struggling with financial problems.
People are out of work and behind on their bills. There are some great advantages to filing bankruptcy, and there’s no reason to feel ashamed, as hundreds of people file each and every day.
No more collection calls
Once you file for bankruptcy, an automatic stay will go into place immediately. This means that bill collectors must cease any communication with you. Instead of speaking to you, they will start speaking with your attorney.
Garnishments stop
You might be in so much financial trouble that bill collectors are getting ready to garnish your wages. The automatic stay will protect you from any and all garnishment. It can also save you from having problems with your employer due to multiple wage garnishments.
Discharge of most debts
The main thing you want to accomplish is to get rid of your debts, and filing for bankruptcy will do just that. Most of your unsecured debt will be discharged. There are a few exceptions such as student loans and child support. We can help explain what this would mean to your personal situation.
Get a fresh start
Once you have the bankruptcy behind you, it allows you to have a fresh start. It’s the time to start rebuilding your credit and saving money, and time to put your financial worries to rest.
Filing for bankruptcy is a personal decision and it’s one that you need to talk to an attorney about. I can help assess your situation as well as explain the processes of both Chapter 7 and 13 Bankruptcy and which one would be better in your situation. There is hope for your situation, and there’s no need to suffer any more sleepless nights. Please give me a call so we can discuss your options, or setup an appointment at any of our consumer law offices. We serve clients across both Oregon and Washington and have bankruptcy law offices conveniently located in Seattle, Portland, Vancouver and Salem.
