Bankruptcy may feel scary to you. You may have a lot of questions, even fears, about how filing for bankruptcy will affect you. Certainly, deciding to file bankruptcy is a difficult decision. However, filing for bankruptcy can free you of your financial struggles and give you a debt-free fresh start. And there is nothing scary about being debt-free.
We offer a free consultation to anyone in the Savannah, Georgia area with questions about bankruptcy and debt relief. Once you have all of your questions answered and understand how bankruptcy can help you, it may not feel so scary.
Bankruptcy seems like a big deal and a long process.
Filing for bankruptcy is an important financial decision, but when you work with us we will streamline the process of filing and make it as simple for you as possible.
The truth is, even with the help of an experienced bankruptcy attorney by your side, the bankruptcy process may feel overwhelming or intimidating. We understand this and that is why we strive to make sure our clients understand the bankruptcy process and what their responsibilities are throughout the process.
To help alleviate your concerns, we have outlined the bankruptcy process here.
Will my assets be taken when I file for bankruptcy?
The short answer is not likely. It is common for people filing for bankruptcy to fear that they will lose their assets, property, or other belongings. The fact is: most people who file for bankruptcy get to keep more or all of their belongings.
As long as you disclose all of your assets prior to filing, you will know if you have assets that cannot be protected through bankruptcy.
I’m afraid my friends and family are going to judge me for filing for bankruptcy.
In our experience, the majority of people who file for bankruptcy are at least a little afraid that people will find out about their bankruptcy. Unfortunately, there is still a stigma associated with bankruptcy. We encourage you to think of bankruptcy as your legal right and a financial decision that will get you out of debt.
While bankruptcy filings are public record, generally speaking, if you do not tell someone you filed for bankruptcy, they will not know. Most people don’t know how to, or won’t spend the time to, search through the public record database to see if you have filed for bankruptcy.
If you have questions about who will know if you file for bankruptcy, please read our article Will My Employer Know If I File For Bankruptcy? Then contact us at (912) 351-9000 to schedule a free consultation to discuss your concerns.
Are you ready to learn more about bankruptcy?
At the Law Office of Barbara B. Braziel, we make sure you understand the benefits of bankruptcy and how filing will effect 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 consultation so you won’t have to feel like bankruptcy is a scary thing anymore.
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.