What Is Bankruptcy
Facing serious debt problems?
Losing sleep over possible legal action against you?
Wondering if you need the bankruptcy services from a qualified attorney?
While the law allows you to file for bankruptcy without an attorney, it’s often not the wisest decision.
For instance, because of the serious financial consequences of going into bankruptcy, not everyone who has trouble paying back their debts should declare it. Whether you should file for bankruptcy will depend on your specific financial situation. Also, should declaring bankruptcy be the best financial decision for you, there are special rules and procedures you need to follow to file for bankruptcy properly.
Because there are many things to consider when thinking about declaring bankruptcy, it’s strongly recommended you hire a qualified bankruptcy attorney, such as Craig Black, who can guide you through this difficult and complex financial process.
What Is Bankruptcy and Why Declare It?
Bankruptcy refers to the special legal arrangements made when an individual or business is unable to fully pay back its debts. Bankruptcy allows you to either get rid of some or all of your debt (called a discharge) or restructure your debt so you can more easily repay it back over time.
Another advantage of declaring bankruptcy is something called the automatic stay. Once you file for bankruptcy, any legal action against you to collect a debt stops temporarily. This can provide a nice financial “breather” so you can figure out how to proceed next and protect any assets you have left.
Bankruptcy Services I Offer
For most who decide to declare bankruptcy, you’ll choose to file either Chapter 7 or Chapter 13. And if you’re looking into the possibility of declaring bankruptcy, you’ll probably have other debt issues to worry about, including:
• Debt settlement
• Tax debts, including liens and levies
• Wage garnishments
Why Hire Craig Black?
At the Craig Black Law Firm, LLC, I explain the bankruptcy process and advise you on your best course of action so you can make an informed decision. I will answer all of your questions and personally prepare all the legal documentation for your case.
When you hire me as your bankruptcy attorney, I will help provide you with peace of mind while we figure out how to best handle your debts. To learn more about the bankruptcy services I offer, call me at (678) 888-1778 or contact me online for a free consultation.