Is Bankruptcy Right For You?
Are you unable to keep up with your debts and bills? Are debt collectors annoying you – or worse? If so, bankruptcy may provide relief and peace of mind. Bankruptcy can stop creditor harassment, collection actions, and even garnishment. Often people who file bankruptcy do not lose any property. In most cases, debt not backed up by collateral is discharged. This means you have no further legal obligation to pay those debts. For debts that are secured by collateral (like a vehicle or house, for instance), you generally get to choose whether to continue making payments or to give up the asset. There are certain types of debts that cannot be discharged – we can sort that out for you. These often include taxes, student loans, child support and spousal maintenance.