Unmanageable Debt Can Happen To Anyone
Unmanageable debt may be the result of debt accruing over several years and numerous circumstances, or it can be a sudden occurrence. High interest rates, scams, prolonged illness and automobile accidents are a few of the reasons debt can become crushing. Many people do not seek help but instead try to manage in quiet desperation while interest rates, penalties and creditor harassment mount. Sometimes people do not seek the help they need because they are ashamed to admit they cannot manage their debt. Other times, the stress of debt leads people to make bad decisions — such as working with corrupt debt consolidation companies — while trying to find a shortcut around their debt payment.
Bankruptcy is a legal means for those who qualify to seek protection under the law from creditors, lawsuits, wage garnishment and other penalties. If the court approves the bankruptcy, a debtor does not need to repay the debts listed in the filing. There are strict limits and complex rules. Not all debts qualify for discharge under a bankruptcy filing, such as back child support payments, certain taxes and student loans.
The process for filing a bankruptcy is intricate. It is best to work with an experienced attorney to avoid the risk of the court denying a bankruptcy discharge, therefore having to wait another eight years to file again. Call NAP at NAP today to get started.
How Our Firm’s Bankruptcy Filing Procedures Work
Filing for Chapter 7, Chapter 11 or Chapter 13 bankruptcy is a collaborative process. At Sellers & Mitchell, P.C., we offer a free, no-obligation consultation with a member of our staff. We will obtain basic information from you to ascertain which chapter best suits your needs.
We will then proceed with drafting your bankruptcy petition. Afterward, an attorney will review the petition with you. We will electronically file your Bankruptcy Petition, serve your creditors with notice, and the collection actions, garnishments and foreclosures against you will automatically and immediately stop.
Get Started Today. Call Us To Schedule Your Free Consultation
Our experienced, knowledgeable staff look forward to answering your bankruptcy questions. The sooner you get started, the sooner you can gain control of your financial future. Call 229-226-9888 today or email us to schedule your no-obligation consultation. Get the legal help you need when you need it.
Sellers & Mitchell, P.C. is a federally designated debt relief agency assisting consumers seeking relief under the United States Bankruptcy Code.