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If you or someone you know is in serious financial trouble, then you need straight answers about bankruptcy. Perhaps just hearing the word “bankruptcy” scares the living daylights out of you so you’re afraid to even ask about it.Unfortunately, there are just too many people with tough financial problems who are not getting the kind of help that they desperately need and deserve from our legal system. See, laws are designed to help, not to hurt people, who, for lots of reasons, are caught in a financial situation that’s just impossible for them to deal with on their own. This is exactly what Congress had in mind when they enacted our bankruptcy laws: the concept of a fresh start for the honest debtor who needs immediate relief from the burden of debt in order to recover financially.
I don’t understand why a lot of people who are in serious financial trouble don’t seek the advice of an attorney until the last minute just when they’re about to lose their property or have their wages garnished. It’s true. And many people I see could have started to turn their finances around long before they finally did. If your current financial situation is causing you a lot of stress and sleepless nights, you need to get help before things get worse.
Today, people are fed all kinds of misinformation about bankruptcy by those who don’t want you to know what your legal rights are. Of course, people are scared of being taken advantage of. They have heard of horror stories about never being able to get credit again. They have heard about losing all that they have worked so hard to get. If you are one of these people, I understand how you feel.
Some creditors are notorious for telling people that filing for bankruptcy will ruin them forever, that they will never have a “normal” life again, that they will never be able to get another car, credit card, or buy a house again.
These kinds of statements are just plain nonsense! These are lies told to you because they don’t want you to know the truth about bankruptcy. Why? Because they know that once you find out what your rights are, they may not get any more of your money!
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