Skip to Content
Free Finanical Consultation 833-522-1069

What Bankruptcy Can Accomplish


There is a lot of misinformation about bankruptcy that gets passed around. When we sit down with our clients for our free consultation, we take the time to clear up misinformation and explain what filing for bankruptcy can and cannot accomplish for you and your family.

To read the truth about the most common bankruptcy myths, read our articles here and here. Read on to learn about what bankruptcy can accomplish…

Bankruptcy can get you out of debt.

Bankruptcy is a powerful financial tool that can erase unsecured debts, such as credit card debt and medical bills.

Debts that are erased in bankruptcy are gone forever. Once you receive a bankruptcy discharge, you are no longer legally obligated to pay back the discharged debts included in your bankruptcy.

Imagine waking up debt-free and knowing your financial struggle is behind you. Filing for bankruptcy can give you this financial freedom.

Bankruptcy will stop collection phone calls.

As soon as you file for bankruptcy, all collection action against you must stop – including collection phone calls.

Learn more about putting an end to collection phone calls in our articles Stop Collections! Put an End to Collection Phone Calls, Wage Garnishment, and Lawsuits and Get Stress Relief: Stop Creditor Calls and Collection!

Bankruptcy will stop other collection action, including wage garnishments and lawsuits.

Bankruptcy stops all collection actions. As soon as you file, your creditors must stop trying to collect from you, stop calling, and wage garnishment will stop and pending lawsuits will be halted. Bankruptcy is powerful.

Beyond erasing debilitating debt, relief from aggressive collection action is one of the greatest things bankruptcy can accomplish.

Chapter 13 Bankruptcy can help you catch up on mortgage arrears or missed car payments.

Chapter 13 bankruptcy allows you to create a three to five-year repayment plan. The plan creates an opportunity for you too, over time, catch up on missed mortgage payments(mortgage arrears). Similarly, it creates an opportunity to pay back missed car payments.

However, Chapter 13 bankruptcy is not for everyone who files. Read our article The Differences Between Chapter 7 and Chapter 13 Bankruptcy to learn more.

We hope this post has helped you better understand what bankruptcy can accomplish for you! We encourage you to also read our article What Bankruptcy Cannot Accomplish. The better you understand bankruptcy, the better equipped you will be to make the decision that is right for you.

Call us today at (833) 522-1069 or contact us to schedule a free consultation.

The Law Office of Barbara B. Braziel has over 35-years of bankruptcy experience. We are the premier bankruptcy law firm in Savannah, GA and we practice exclusively in bankruptcy law. We invite you to get to know us here and read about the clients we’ve helped here.

We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.

The post What Bankruptcy Can Accomplish appeared first on Braziel Law.

Share To:

Contact Us Today!

We’re Ready to Help

A member of our team will be in touch shortly to confirm your contact details or address questions you may have.

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.
  • By submitting, you agree to be contacted about your request & other information using automated technology. Message frequency varies. Msg & data rates may apply. Text STOP to cancel. Acceptable Use Policy