A Personal Bankruptcy Filing Can Help You Get Your Finances in Order
If you’re like most Americans, you want to make some changes in your life. For many, the turning of the calendar can be the perfect time and the right motivation to do just that. If one of your New Year’s resolutions is to get your financial house in order, you may want to consider the benefits of filing for protection under the American bankruptcy laws.
Bankruptcy is a Step Forward—It’s Not a Sign of Failure
Filing for bankruptcy protection can be difficult and emotional. Let’s face it—there’s no shortage of people who look down their noses at bankruptcy and at those who file for protection. They are, however, generally people who have never faced financial hardship…never suffered a serious injury or illness that kept them from working or caused them to incur substantial medical bills not covered by insurance…never lost a job when their company got bought out or closed down.
The reality is that bankruptcy, even in the eyes of creditors, is a step forward. It’s an acknowledgement that you want things to get better. The easy response to financial difficulty would be to close your eyes to it and simply let it get worse. Filing for bankruptcy requires courage, conviction and commitment.
The Benefits of Filing for Personal Bankruptcy Protection
For many, the greatest relief that comes from a bankruptcy filing is the protection of the automatic stay. From the moment you file, your creditors are prohibited from calling, writing or taking any action outside of the bankruptcy proceeding to collect a debt. You won’t have to worry every time the phone rings or the mail delivery person drives up.
In addition, based on the type of personal bankruptcy petition you file, you may be able to permanently rid yourself of certain debts, but, at a minimum, you’ll be able to work out new payment arrangements that you can handle.
Contact an Experienced Rockwall, TX Bankruptcy Attorney
There’s no time like the new year to get a fresh financial start. At the Law Offices of Carrie Weir, all potential clients are entitled to a free initial consultation. To arrange an appointment, contact my office online or call 972-772-3083. I handle Texas personal bankruptcy filings in Kaufman County, Rockwall County, Collin County, Dallas County, Hunt County and the surrounding counties.
