There are many misconceptions and myths about bankruptcy that are commonly believed by people who have little actual experience with bankruptcy law. We strive to dispel bankruptcy myths (read our articles here and here!) because our goal is to give people the financial fresh start they need and deserve.
If you are deep in debt, struggling to pay your bills, facing law suits for unpaid debts or subject to wage garnishment, it is time to explore how bankruptcy can help you.
Filing for Bankruptcy is Your Opportunity to Take Control of Your Finances
We understand it may sound counter-intuitive to state that bankruptcy can be an opportunity to take control of your finances. A common conception of bankruptcy is that it is a signal of financial ruin. But that is not always the case. While we see in the news companies shutting down after filing for Chapter 11 business bankruptcy, the truth is that filing as an individual for Chapter 7 or Chapter 13 personal bankruptcy can offer a fresh financial start.
Consider this: after bankruptcy you will no longer have credit card debt or medical debt. The monthly payments you were once making on those debts is now money available to fund your retirement, stash an emergency savings, or to put toward other wise financial investments.
If your wages are being garnished because of a civil judgment against you for unpaid debt, filing for bankruptcy will put an immediate and permanent stop to that garnishment. That too will open up additional money each month to make ends meet.
Chapter 13 bankruptcy offers an opportunity for people to make up mortgage arrears or missed car payments over time. This empowers people to save their homes or car, while also getting the benefits of paying back debts over time and/or having certain debts erased through bankruptcy.
Bankruptcy Offers A Debt-Free Fresh Start
Bankruptcy offers a debt-free financial fresh start to many filers. While not all debts can be discharged (erased) through bankruptcy, such as student loans or newer tax debts, many debts are dischargeable, such as credit cards and medical debt. Imagine living a life free from debilitating debt, free from collection calls, free from worries about when your unmanageable debt will catch up to you.
If you are struggling with debt, bankruptcy may offer you an opportunity to take control of your finances. You deserve a financial fresh start, and we’re here to help you achieve it.
Bankruptcy Can Put An End Your Financial Struggle
All of us here at the Law Offices of Barbara B. Braziel want to help you get out from under the weight of financial stress and gain financial freedom. We invite you to read about the clients we’ve helped here.
If you live in Savannah, GA or the surrounding areas and have questions about your debt relief options, let’s meet for a free consultation. Please reach out to us at (912) 351-9000 or contact us by filling out this simple web form.
We proudly serve the people of Savannah, GA and the surrounding areas, including Richmond Hill, Hinesville, Pooler, Port Wentworth, Tybee Island, Clyo, Ellabel, Midway, Ludowici, Springfield, Pembroke, Brooklet, and Garden City.
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.