bankruptcy
If you’ve finally reached the point where your finances have become unmanageable, you likely feel out of control and don’t know where to turn. You may even be wondering if bankruptcy is truly the right choice for you.
Filing for bankruptcy is a federal right, and can be used as a way to wipe the slate clean when you’re past the point of no return in terms of falling behind financially. It can stop creditors from hounding you about unpaid debts, stop property foreclosures, halt repossessions, end wage garnishment, protect your utility services, and more. However, bankruptcy can also be quite tricky to figure out. There are two different types of bankruptcy one can file for, and each is significantly different from the other. Plus, there are a lot of things bankruptcy can’t do as well, like discharging certain types of debt and protecting cosigners who are financially involved with you. For these reasons, filing for bankruptcy without the support of qualified bankruptcy attorneys is never recommended
