On Behalf of Steele Law Firm PLLC | Nov 11, 2020 | Personal Bankruptcy
Too many people are conditioned to view bankruptcy as a final option – a last resort that somehow means they were ineffective at managing their personal finances. Unfortunately, many Americans don’t have the savings in place to cover financial emergencies such as medical debt, home repair or divorce and skyrocketing debt is a certainty. Bankruptcy is a valid option for those who have become overwhelmed by mounting debt.
While there is an alarmingly negative connotation behind filing bankruptcy, there are numerous positive results that individuals will experience, including:
Chapter 13 or Chapter 7 Bankruptcy might seem like a last resort to many individuals. In fact, if you are considering debt relief programs, it is likely that you should have already filed. Do not hesitate to speak with a skilled attorney who can answer your questions and provide guidance tailored to your unique circumstances.