Last year I had some financial difficulties and I couldn't pay off my debt. The uncertainty of my financial future was adding to my already stressful life. After months of worry, I finally decided to contact a bankruptcy attorney. After discussing my options with the attorney, I decided to file bankruptcy. My name is Kyle Diggler and if you're struggling with debt and considering bankruptcy, I'm here to help you. I'm not an expert, but I want to share my story and my experience of filing bankruptcy with others who are in a similar situation. As you read my blog, you'll learn all about the bankruptcy process so that you'll know what to expect. I'll also share some tips to help you start your life over financially. I hope that my blog answers all the questions you have about filing bankruptcy.
There are several advantages to Chapter 13 bankruptcy, including the ability to save secured assets and t
When you are dealing with a lot of debt, it can be hard to know where to turn. Filing for bankruptcy seem
Chapter 7 bankruptcy is something that many people consider. It can be a way to help you with your past d
Are you having problems with your finances? If so, is it because you have too much debt? When people have
Sometimes parents hesitate to file chapter 7 bankruptcy because they're afraid the court will take their
When you are dealing with a lot of debt, it can be hard to know where to turn. Filing for bankruptcy seems like a daunting process, but when you work with an experienced bankruptcy attorney, much of the risk is taken away. Here are some of the risks you will avoid when you work with an attorney.
You Will Be Able to Stop Creditor Harassment
One of the risks you will avoid when you work with a bankruptcy attorney is creditor harassment. Creditors may contact you relentlessly in an attempt to collect on a debt, but they must cease all communication with you once you retain an attorney. Your attorney will then handle all communication with your creditors on your behalf. In addition, your attorney can help you identify which debts can be discharged through bankruptcy and develop a plan to repay any non-dischargeable debts. As a result, working with a bankruptcy attorney can provide much-needed relief from creditor harassment and help you develop a plan to get out of debt.
You Can Avoid Wage Garnishment
One of the biggest risks you face when you don't or can't pay your debts is wage garnishment. This is when your creditors take a portion of your wages to repay your debt. However, if you work with a bankruptcy attorney, they can help you avoid this. They will work with your creditors to come up with a Chapter 13 repayment plan that is affordable for you and that will allow you to keep your wages. Additionally, they can negotiate with your creditors to lower the amount of money they are owed. If you file for Chapter 7 bankruptcy, you may not have to pay back your dischargeable debts.
Foreclosure Proceedings Will Stop
The automatic stay goes into effect as soon as you file for bankruptcy. The automatic stay prevents creditors from taking any action to collect a debt from you. This includes foreclosing on your home. So, if you are facing foreclosure, working with a bankruptcy attorney can help you avoid that risk.
The Threat of Legal Action Will Disappear
Your attorney will handle all negotiations with creditors on your behalf, which can help reduce the stress and legal risks of dealing with financial problems. In addition, your bankruptcy attorney can help you explore all of your options and make sure that you are taking advantage of all the protections available under the bankruptcy code. Working with a bankruptcy attorney can give you peace of mind and help protect you from legal risks.
You can avoid these risks, stop the cycle of financial disaster and get on the road to rebuilding your credit history and financial stability; just get in touch with a bankruptcy attorney.
Share