“I never thought I would have to file bankruptcy.”
- “I never thought I would be here.”
- “I was doing fine until I got sick.”
- “I was brought up to pay my bills.”
- “I am robbing Peter to pay Paul.”
- “I could pay my bills until I lost my job.”
Everyday during consultations I hear statements like these from my potential clients. Of course, no one wants to file bankruptcy, but my clients NEED to file bankruptcy. So many clients are embarrassed or ashamed to file bankruptcy. This is the 21st century! Hundreds of thousands of people have filed bankruptcy. YOU are not alone! Things happen in life that we can’t control. Stop being ashamed and move forward. Even the most successful people in life make mistakes. The difference between them and everyone else is that they learn from them. They don’t dwell on the past and they move forward. Bankruptcy is simply a tool that can help you move forward.
Bankruptcy is just a solution to a problem and it is a right afforded by the federal government. Some benefits of filing bankruptcy are collection calls stop, foreclosure stops, tax garnishments stop, and you can breathe. We can’t always control what happens to us but we can control how we deal with it. Before you decide to deplete your retirement to catch up your mortgage payments or pay bills, PLEASE talk to a bankruptcy attorney! I can’t tell you how many of my clients told me, “I wish I would have called you months ago.” Don’t let pride or embarrassment stop you from getting advice about your financial future. Bankruptcy will allow you to stop worrying and actually sleep at night! So put aside your fear, pick up the phone and call a bankruptcy attorney right away. It might end up being the best decision you ever make for you and your family.
Columbia Bankruptcy Attorney Colleen Brunson has been helping her clients seek debt relief since 2004 . Call her Columbia Office today at 803-403-1955 to schedule your free consultation.
Is your car about to be repossessed?
By filing bankruptcy your car is protected and the creditor can’t repossess once you get a case number. Bankruptcy creates an automatic stay that stops creditors from repossessing your vehicles. Even if your vehicle has already been repossessed, you have ten days to get it back by filing bankruptcy. Although you may need to pay repossession fees and storage costs before you can get the car back. So the best time to see a bankruptcy attorney is before a repossession happens. Contact my office today to schedule your free consultation if you are worried about the threat of repossession.
What are the differences between debt consolidation and bankruptcy?
Debt consolidation allows you to consolidate your credit card debt into one payment. Typically a company will look at your debt, income and expenses, and create a payment plan for you. Debt consolidation will NOT include your finance companies, cash advances, medical bills, or various unsecured debt. As you make payments to the company, they will hold the money and eventually disburse to the creditors. Creditors do not have to agree to the amount sent from the debt consolidation company. Litigation does NOT stop. Creditors can still continue to sue you and possibly get a judgment against you.
Bankruptcy is a benefit provided to you by Federal Law. Chapter 13 bankruptcy allows you to consolidate ALL of your debt. You must list everyone you owe in a bankruptcy. You include taxes, medical bills, collections, charged off accounts, credit cards, furniture payments(not leases), car payments, mortgage arrears, finance companies, cash advances and all your unsecured debt. You can pay back your unsecured debt as low as 1 percent. Your ability to pay is a part of how much you pay back to your unsecured debt. ALL civil litigation stops once you file. Bankruptcy creates an automatic stay that stops litigation, foreclosures, repossessions, tax garnishments, and harassing creditor phone calls!