Having more bills than you have money is a situation that isn't fun to be in. If this is your reality right now, it is time to take control of your finances so that you don't have to live with the struggle any longer than necessary. One option that you have is bankruptcy. Many people will scoff at the prospect of filing bankruptcy, but it is important to realize that this can be a very useful tool if you are truly trying to get your finances back on track.
We can help you to get answers about Chapter 7 bankruptcy and how it will affect you. We can explain the automatic stay and how it will help you get some relief right away from the constant creditor phone calls that make you afraid to look a the phone when it rings. This stay can also stop the collection letters and other collection processes that occur on many bills.
If you are considering a Chapter 7 bankruptcy, you should think about how this decision will impact you right now, as well as into the future. It is true that this will impact your credit score for a while, but so will not being able to pay your bills. Eventually, you can come out of the bankruptcy process with a renewed sense of financial responsibility.
We know that all of this is a lot to take in. Instead of focusing on general information, we can let you know how the bankruptcy laws apply to your case. This will give you the personalized information that might make your decision a touch easier.