Why to File Bankruptcy
It can be hard to admit you need help getting out of debt, or why to file bankruptcy. But that's why our government has bankruptcy laws to protect not only the creditors, but you! If you have a nerve-racking debt-load, it may be time to face financial facts. Stop trying to ignore the ringing phone and the pile of unpaid bills that won't go away.
However, you could be doing yourself a disservice by not filing for bankruptcy. With a good lawyer and the right information to determine why to file bankruptcy, filing bankruptcy could give you the financial footing you need to get a fresh start. Please view the videos explaining bankruptcy.
Here are a few questions to help you determine why to file bankruptcy:
- Do you only make minimum payments on your credit cards?
- Are bill collectors calling you?
- Does the thought of sorting out your finances make you feel scared or out of control?
- Do you use credit cards to pay for necessities?
- Are you considering debt consolidation?
- Are you unsure how much you actually owe?
If you answered yes to two or more of the questions above, you should seriously evaluate your financial situation and why to file bankruptcy.
The truth is people don't want to file a bankruptcy for some reasons that are simply not true. Many people are afraid that they will lose their home, cars, furniture etc. That is simply not true in most circumstances. Others are worried about what bankruptcy will do to their credit. Truth is, unfortunately, most people that file for bankruptcy already have poor credit already and the additional hit that a bankruptcy filing may have on their credit score is insignificant. Filing bankruptcy is actually the best thing you can do for your credit if your credit is already bad.
In the end what you have to ask yourself is "Is this financial storm that you and your family are going through going to prevail"? Is it going to continue to cause you and your family grief, heartache, stress and tears? The stress, as a result of financial pressure is definitely affecting your health. It can be evidenced by weight gain or loss, aches and pains, depression, withdrawal, headaches among other symptoms. All of these are valid reasons why to file bankruptcy. Only you can make the decision to put a stop to the financial storm. Do it now or regret you waited so long later.
If you're considering bankruptcy, it's important to understand your options. Receive a free bankruptcy consultation from our bankruptcy attorney. Take the first step toward a financial fresh start. Call 228-215-3584 Now!
Videos to help understand bankruptcy
Limits of bankruptcy
Filing a Bankruptcy
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