Job loss, divorce, a medical emergency or other catostrophic event can make it hard to keep on top of debt. Millions of people have used US bankruptcy laws to get a fresh start.
Every day people just like you decide to file for bankruptcy. With the economy, bankruptcy doesn’t hold that old stigma it may have a decade ago. Most of us are struggling with debt, and many people have lost jobs due to the economy. Bankruptcy has helped millions of Americans get out of debt. It also stops creditor harassment through the bankruptcy automatic stay.
If you’re thinking of filing for bankruptcy, you’re probably wondering how it will affect your credit. It’s true that bankruptcy stays on your credit reports for up to 10 years, but once the slate is essentially clean after a succesful bankruptcy filing, people can instantly start re-building their credit. In fact, many people even gain stronger credit scores after filing and their old debt is gone and and they can start a fresh start. Think about it, your credit probably isn’t that great to begin with. Bankruptcy is designed to clear debt and give people a fresh start.
Call our office today for your free consultation to discuss your individual situation. We offer fair fees, monthly payment plans and personal service.