Securing the services of Chapter 7 bankruptcy attorneys in Valdosta area can be the best way to get out of debt and get a fresh start. There are many situations that can really disrupt your finances and Chapter 7 can help you to wipe out your debt and start new. When you are having to make choices between paying for food or making minimum credit card payments to stay afloat it is time to do something. People often find themselves having to consider bankruptcy protection after a divorce, after an illness, an interruption in employment and when their income has changed.
How does it Work?
An experienced chapter 7 attorney will help you to take advantage of the consumer bankruptcy laws so that your debts are forgiven and you can get back on track with your life. The laws that are in place are in place to protect consumers just like you from harassment by creditors. You will set an appointment with a trusted attorney that will review your case and let you know if this type of filing is the right one for you. The consultation is usually free.
The Protection
Filing bankruptcy comes with certain perks that will allow you to get your affairs in order without pesky calls from creditors. Some of the things that bankruptcy can do for you include:
- An automatic stay
- The end of repossessions
- The end of foreclosure moving forward
The automatic stay is an umbrella that protects you from harassing phone calls, repossessions and moving forward with foreclosure actions. An attorney can explain in detail how the automatic stay is enforced after a chapter 7 filing. You will have time to gather your thoughts without the worry of being harassed by creditors.
In this type of filing it is imperative to have an experienced attorney to help you because you want to have as many exemptions as possible that are not considered assets that can be liquidated by the trustee. Having professional guidance is very important. Call a trusted attorney that specializes in this area of the law to ensure that you are fairly represented and that you get the most out of the filing.
Don’t stress over your bills any more. Don’t make tough choices. Get some advice and consider filing for the protections that bankruptcy has to offer. Get back on the road to a financial stability.
