Hi there, I am Aiden Muzzel. I am well versed in bankruptcy proceedings, so I would like to share my knowledge with you through my site. I started my adult years with minimal knowledge of money management. As a result, I ended up way over my head in debt. I was working two jobs and paying all of my income to the debt accounts without making a dent in the total. It turns out I was simply paying late fees and interest with my funds. I sought out legal representation to learn more about how bankruptcy could help me end the cycle and start over. My bankruptcy attorney helped me fill out paperwork, file documents and attend court proceedings. Within a year, the judge discharged the eligible debt accounts. I hope to explore bankruptcy in more detail on my website. I hope you come back soon to learn more.
It's hard to enjoy life when you are drowning in a sea of debt. You may have heard people say that money doesn't buy happiness, but when you don't have it, you might politely beg to differ. Constantly fielding harassing phone calls from your creditors is no fun, and if you don't see a lump sum of money coming your way anytime in the near future, you can easily slip into despair. However, before you let depression set in, you need to know that you do have options. Find out how a bankruptcy attorney can offer you a lifeline when you need it most.
Bankruptcy Is There To Relieve You Of Your Debt
When you don't know a lot about a particular process, you can develop false beliefs about it. There are some individuals out there who tend to place a negative stigma on bankruptcy. If you listen to them, you could start to form wrong conclusions and shy away from something that could actually be the best thing for you.
Bankruptcy can help you in so many different ways. If you have a lot of liquid debt such as high credit card or loan balances, your attorney might recommend a Chapter 7 bankruptcy. Chapter 7 bankruptcy completely discharges your debt so you don't have to pay it back. This might seem very attractive, but there is yet another type that might fit your circumstances to a tee.
Chapter 13 Bankruptcy Lets You Keep Your Stuff
Chapter 13 bankruptcy is good if you have assets that you want to keep. Perhaps you've fallen behind on mortgage or car loan payments and don't know how you'll ever catch up. You can file a chapter 13 bankruptcy and restructure your debt into a single payment. The bankruptcy trustee will create a payment schedule for you, and as long as you submit your monthly payment on time, you can wipe out a significant portion of your debt while still being able to live in your home and maintain possession of your car.
Bankruptcy Attorneys Know Which Chapter Is Best For You
Trying to figure out which form of bankruptcy you should choose is tough without the right information. Talking with a bankruptcy attorney can really clear things up and set you on the path to a much happier, debt-free future.
There is really no time to waste. Get in touch with a bankruptcy lawyer and work with them to get the help you need immediately.
Share5 December 2019
