Bankruptcy law is a powerful legal tool that provides millions of Americans with expansive, comprehensive debt relief every year.
The main benefit of bankruptcy debt relief, of course, is that it allows our clients to simply walk away from the mortgage debts, credit card bills, medical bills, debt from job loss or underemployment, and other debts that overwhelm their financial health and well-being. In other words, most – if not all – of your old bills will go away!
No more debt collector calls. Bankruptcy debt relief extends beyond “just” getting rid of overwhelming financial debt.
Another key benefit of bankruptcy is that it stops harassing creditor collection calls. To many of our clients, this is an equally valuable benefit of the debt relief process. After filing, our clients no longer suffer the indignity and humiliation of embarrassing collection calls.
In fact, you’ll never have to worry about receiving another collection call from any of your current creditors. Bankruptcy law forbids any collection attempts, even after your case is over.
Keep your car or retrieve it after repossession. You can even lower your monthly payments.
In the vast majority of cases, those who file for bankruptcy debt relief can keep their car. If your car has been recently repossessed, Bankruptcy law requires that you receive the opportunity to retrieve your car. Chapter 13 bankruptcy debt relief can even lower your car payments!
Bankruptcy debt relief can stop foreclosure, and even restructure your mortgage payments to make your home affordable again.
Believe it or not, bankruptcy debt relief halts foreclosure actions against your home – thus giving you and your family peace of mind. Also, bankruptcy law allows the vast majority of people to keep their homes.
The Bankruptcy Court’s comprehensive loss mitigation process empowers you to restructure your mortgage payments in order to make your home more affordable and to avoid the devastation of a foreclosure.
Bankruptcy debt relief provides clients and their families with a fresh financial start.
Many of our clients wonder what a “fresh start” looks like. To put it simply, a fresh start is an opportunity to live your life without overwhelming debt. It means the freedom of answering your phone and opening the mail without fear of debt collection. A fresh start is the opportunity to reorganize your financial affairs and an opportunity to rebuild your credit. At Warner & Warner, PLLC our attorneys strive to obtain a fresh financial start for every one of our clients.
Call (518) 451-9388 today for your free consultation to determine whether bankruptcy debt relief is right for you!