Have you fallen behind on your bills? Is your phone ringing off-the-hook with harassing phone calls from creditors? Have you been served a lawsuit? Is the stress from your massive debt and missed payments keeping you up at night?
Often our clients come to us feeling completely overwhelmed. We understand that financial problems and the accompanying collection actions cause extreme stress.
You do not have to live with the stress of debt.
The choice is yours. You can continue to live under the debilitating weight of debt, or you can choose a debt relief option that is right for you and your family. There is light at the end of the long debt tunnel.
If you are exploring debt consolidation, read our article Why Debt Consolidation Rarely Works for more information.
To be certain, filing for bankruptcy is not an easy decision for anyone. Though it can be the choice that gets you past this difficult time. Filing for bankruptcy can be the choice that gives you a clean slate and a fresh start.
If you are deciding between living with the stress of debt versus filing for bankruptcy, consider the following:
The Stress of Collection Actions Against You
It doesn’t take long before creditors become aggressive with their collection tactics. It begins with incessant collection calls. Lawsuits, wage garnishments, and bank levies are soon to follow. Collection actions cause stress. Even wondering if or when collection actions are going to happen can cause stress.
Bankruptcy can put an end to this stress. Bankruptcy stops all collection action. Once you file, it is illegal for any creditor to attempt to collect from you.
Avoiding Bankruptcy Is Not Helping Your Credit Score
We often hear from people that they want to avoid bankruptcy for fear of tanking their credit score. Consider this: if you’re thousands of dollars in debt and missing payments, your credit is already being adversely affected. While filing for bankruptcy lowers your credit score, it is still the better option for rebuilding credit than carrying forward unpaid debts, missed payments, and charged-off accounts.
Your Mental & Physical Health
The American Psychological Association found extreme financial stress to be associated with increased risk for a number of health problems, including heart disease, ulcers, diabetes, migraines, and sleep disturbances. It’s clear the weight of debt can affect more than your credit score.
You do not have to live with the stress of debt. Here at the Law Offices of Barbara B. Braziel we make sure you understand the benefits of bankruptcy and how filing with affect you and your family. We take the time to explain the bankruptcy process to our clients. We invite you to learn more about our firm here and come meet with us for a free no-obligation consultation.
Reach out to us by email at info@BrazielLaw.com or call (912) 351-9000.
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.