Facing significant financial difficulty can be stressful, frustrating, and depressing. Many people who face financial difficulty do so out of no fault of their own. It is possible you suffered a serious illness or injury that left you unable to work, causing medical bills to accumulate. Northland Bankruptcy Law has the experience necessary to help you navigate the bankruptcy system and obtain a fair and just financial recovery.
When you start to lose control of your finances, it may keep you up at night. If you are experiencing an ongoing furlough from work or worrying about the eventual end of your unemployment payments, you may feel particularly fearful of the future.
Like many facing similar uncertainties, you may be looking into your options and thinking about whether filing for bankruptcy might help you regain control over your affairs. Bankruptcy takes time and effort, but it may be able to help give you the fresh start you desire. Bankruptcy may be an option worth devoting careful consideration to if your situation meets any of the following criteria.
You have bills in collections
Having creditors hound you to collect what you owe them is unnerving and annoying. If you have debts that have moved to collections and you are unable to pay them back, bankruptcy’s automatic stay offers some relief. The automatic stay is a period of time that starts when you begin your bankruptcy case. While your case is ongoing, credit card companies and many other creditors must stop contacting you.
You had a recent major change in life circumstances
Certain major life events, such as illness and job loss, have the potential to throw your finances into turmoil in an instant. If you do not have a substantial emergency fund to draw upon when you face sudden medical expenses or lose your income, your situation may become even direr as your bills continue to add up. Bankruptcy may be able to help you restructure or otherwise get a handle on your debts when you feel you have limited options.
Call Northland Bankruptcy Law for Help With Your Bankruptcy!
Are you currently struggling with debt? Are you searching for a way to put a stop to creditor harassment? Has a recent financial hardship placed you in a position where you may be facing foreclosure, wage garnishment, or car repossession? No matter your financial situation, Northland Bankruptcy Law can help guide you to a more stable financial future. For a more comprehensive list of all the questions you might have about bankruptcy, and for a free consultation, please call (816)-452-1800. If you have further questions about your case, do not hesitate to reach out to us by the phone number, through the contact form, or by emailing [email protected].