Each year, approximately 750,000 Americans file for bankruptcy. Unexpected expenses – like medical debt – and family circumstances can lead a person’s debt to skyrocket. There comes a time when the realization dawns that their debt load is no longer sustainable and that they’ll never recover.
That’s precisely why bankruptcy is an option under federal law. While it’s a major decision to file for bankruptcy, it can also provide the clean slate you need to rebuild your financial life. The important thing to remember is that there’s no shame in asking for help, and that Krieger Law Group is experienced in navigating U.S. Bankruptcy Court on behalf of clients.
Learn more about bankruptcy:
Chapter 7 Bankruptcy: Chapter 7 bankruptcy wipes the slate clean, erasing eligible credit card debt, personal loans, checking account overdrafts, certain tax debts, medical bills, and utility charges. But it’s a complicated process that you shouldn’t attempt on your own.
Bankruptcy FAQ: It’s understandable to have a multitude of questions about the bankruptcy process. After all, it’s usually a once-in-a-lifetime event. Knowing what to expect throughout your bankruptcy proceeding delivers the peace of mind you deserve.
Bankruptcy Myths: Filing for bankruptcy is a big step, but one that can set you on the path to financial wellness. While Krieger Law Group can explain the nuances, it’s important that you understand the big picture.
If you’re inundated with debt, you deserve a fresh start. Call Krieger Law Group today for a free, no-obligation case evaluation. We can discuss your options and give you the information you need to make a decision.