A bankruptcy attorney is a fantastic financial resource that can help you deal with any debt that might be too overwhelming for you to pay off or that is putting an undue hardship on you and your finances. Listed below are two reasons to speak to a bankruptcy attorney.
Get The Bill Collectors To Stop Harassing You
One of the most irritating and frightening parts about being deep in debt is the fact that some bill collectors are going to be very aggressive when attempting to collect on the debt that you owe. While the majority of bill collectors are going to be quite polite, there are going to be a few that are not only going to be more than a little aggressive and that will not stop contacting you all the time but that will also resort to attempting to frighten or bully you into paying your debts, even if you don't have the finances at the moment.
However, the way a bankruptcy attorney can help you deal with these individuals is by providing a buffer between you and the bill collectors that you don't have to deal with them directly. The reason for this is that once a bankruptcy attorney has filed your paperwork, the bill collectors are no longer able to garnish your wages, seizure property, or contact you in any way during the bankruptcy process. If they need to speak to anyone about any part of your debt, they must speak to your lawyer or the bankruptcy court or face substantial fines and penalties.
Give You The Opportunity To Start Over
Another reason to speak to a bankruptcy attorney is the fact that he or she can provide you with the opportunity to start over. The reason for this is that the most common form of bankruptcy, a Chapter 7 bankruptcy, is one that will wipe way the vast majority of your debts completely.
This means that you are no longer have to figure out a way to pay those debts, but you also will have to take a substantial hit to your credit score and surrender some forms of property in order to qualify for the discharging of your debt. While that may sound a bit difficult to deal with, it is more than worth it if you have a massive amount of debt that you cannot conceivably pay for in the near future or if you and your family are struggling to meet your basic needs due to the amount of money that you have to pay every month to your creditors.
Make an appointment with a bankruptcy attorney today in order to discuss the various ways in which he or she may be able to assist you with your debts. A bankruptcy attorney can help you out by getting the bill collectors to stop harassing you and giving you the opportunity to start over. For more information, visit a website such as http://www.tblakelaw.com.