Benefits of Bankruptcy

The bankruptcy option

Reclaim Your Financial Freedom

Get out from under debt

Whether you’re struggling with credit cards, medical bills, or an unpaid mortgage, mounting debt can quickly spiral out of control, often triggering home foreclosure, car repossession, and creditor harassment. And once you’re overwhelmed with unpaid debt, it can be difficult—or even impossible—to get back on the path to financial freedom.

The “Other” Benefits of Bankruptcy

When people think of bankruptcy, eliminating their debt is what usually comes to mind. But the benefits of bankruptcy are numerous and extend well beyond dollars and cents.

Eliminate Medical Debt

Are Medical Bills Making You Sick?

The Benefits of Bankruptcy

Bankruptcy remains one of the most affordable and quick ways to emerge from debt while putting a stop to debt collections and even maintaining property. Let’s take a closer look at each element of bankruptcy:

Common Myths about Bankruptcy

To many people, the very idea of filing for bankruptcy is terrifying. In fact, the only reason many of our clients find us is only because the fear of mounting debt and harassing creditors becomes even greater. While the prospect of facing bankruptcy can be scary at first, much of the fear is based on myths rather than reality. Here, we’ll debunk the most common of these untruths:

Who Files Chapter 13 Bankruptcy?

In October 2005, the laws which govern Chapter 13 bankruptcy changed. One of the more significant ways the law changed dealt with the eligibility requirements for filing for Chapter 7 and Chapter 13 bankruptcy.