Take Action Now to Get Protection Under the Bankruptcy Law

The Sooner You File, the Better

Take Action Now to Get Protection Under the Bankruptcy LawIf you’re like many Americans, you’re struggling financially right now as the COVID-19 pandemic persists. You may be one of the more than 20 million who’ve lost their job, with the prospects of getting another one any time soon looking slim. Your savings are gone, and you’re getting behind on car and mortgage payments. You may already be getting calls from creditors. You might be waiting to file for bankruptcy, hoping things will turn around. Or you may feel some stigma about filing for bankruptcy.

American bankruptcy laws were put in place precisely for situations like the one we find ourselves in now—unexpected and unanticipated circumstances where there are essentially no other available options. The laws were designed to give people a second chance when they face serious financial challenges. Some of the most famous—and ultimately successful—people in America have experienced bankruptcy, including Abraham Lincoln, Walt Disney, Mark Twain, Henry Ford, Milton Hershey (the candy bar magnate), and boxer Mike Tyson.

There’s a huge benefit to filing for bankruptcy now. Once you file, the provisions of the automatic stay go into effect immediately. That means your creditors cannot attempt to collect the debt from you through any means other than the bankruptcy proceeding—no harassing calls or mailings, and no legal proceedings. You need to be careful, though, that you fully disclose all relevant information to the bankruptcy court and bankruptcy referee. If you engage in fraud or fail to properly disclose assets or other financial information, the automatic stay can be lifted.

Contact an Experienced Rockwall, Texas, Bankruptcy Attorney

At the Law Offices of Carrie Weir, all potential clients are entitled to a free initial consultation. I am currently communicating with clients by phone, text message, and videoconference. To arrange an appointment, contact my office online or call 972-772-3083. I handle personal bankruptcy filings in the state of Texas in Rockwall County, Collin County, Dallas County, Hunt County and the surrounding counties.

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Call Rockwall bankruptcy lawyer Carrie Weir at 972-772-3083 or fill out the contact from below for a free, confidential consultation to discuss your options.

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