Bankruptcy is usually something we try to avoid but for a number of people, it is a viable solution to the debt they’ve accumulated. While bankruptcy shouldn’t be the first debt relief option you consider, if all other options have failed, it could be time to consult with a bankruptcy maryland lawyer and learn more. Read below to learn four of the top reasons to contact a lawyer to learn more about bankruptcy and if it’s right for you.
1. Eliminate Frustrations
It is frustrating to know that you have so much debt compounded and no way to get rid of the debt. If you want to eliminate frustrations, it is more than possible to do after you file for bankruptcy protection. You will get back to the comforting days that you want and deserve.
2. Get a Fresh Start
When you are drowning in debt and do not see a way to get out, bankruptcy is there to provide the fresh start that you need. Credit is important and when you get the fresh start that you need, you have the protection that you need.
3. Eliminate Debtor Calls/Letters
When the phone rings, do you worry that it’s another bill collector? Tired of the mailbox being filled with letters from creditors demanding money that you don’t have? When you file bankruptcy, it initiates an immediate cease and desist order that prevents creditors from future contact.
4. Peace of Mind
After declaring bankruptcy, you gain peace of mind knowing that the future is a little bit brighter. Although your matter must go before a judge for approval, if you’ve met all qualifications, you should be given the green light to go.
Would bankruptcy be the perfect solution for your financial woes? Talk to a lawyer to learn more.