Why do a bankruptcy

There is a reason bankruptcy exists in federal law. It is to provide you with a fresh start and not have you continue on the vicious hamster wheel of, at best, not moving in any meaningful direction in life because you can barely keep your head above water and are going nowhere financially as you struggle to keep up month to month with creditor payments.

At worse you can no longer maintain the status quo and are drowning in debt; treading water month to month is no longer feasible and you will soon face the unpleasant realities of foreclosures, repossessions, bank levies, and wage garnishments. It is time to reach out a call a bankruptcy attorney.

Stopping Creditor Harassment

One of the truly negative aspects of being unable to pay your bills are the constant calls received by you from creditors, attorneys and collection agents. Bankruptcy puts a stop to all this. Once you file your petition you immediately create what is known as the "automatic stay". This is a legal protection requiring creditors to STOP ALL ACTIVITY with you. This includes phone calls and lawsuits.

Stop Wage Garnishments And Bank Levies

Again, if you have the unpleasant surprise of having your wages taken by a creditor, bankruptcy will put a stop to this and we'll make sure you take home a full paycheck.

Another thing bankruptcy will stop is creditors trying to take money out of your bank account via a bank levy.

Stop Lawsuits

When you don't pay your bills creditors will eventually initiate a lawsuit to obtain a court judgement in which to take your wages and money. nothing can be scarier then being sued in court. Bankruptcy puts an end to the lawsuit. Even if the creditor has obtained a court judgement, in most cases the bankruptcy will both suspend it and eventually eliminate it.