The idea of bankruptcy can often be terrifying to those who do not understand its many benefits. This legal process can be very beneficial to you, your family, and your business and can help you get on a proper legal track. Prior to choosing bankruptcy as your form of debt relief, it is important to gain a high understanding of its many advantages. The Chapter you file under can make a significant difference to your financial state and therefore, it is essential to obtain a case evaluation from a Charlotte bankruptcy lawyer to learn about the personal benefits of bankruptcy on your life.
Through bankruptcy, you may be able to repay most of your debts, if not all. You can stop your car from being repossessed and can also help you end the harassing collection attempts of your creditors. If you feel overwhelmed with debt and do not know where to turn, we can help you determine whether bankruptcy can benefit your case. There are many different bankruptcy options available. With more than 15 years of experience, our Charlotte bankruptcy attorneys can provide you with the information necessary to help you become free of financial stresses.
If you file under Chapter 7 bankruptcy, this can provide you with a clean financial slate that allows you to start fresh. This chapter is considered liquidation bankruptcy and it can give you the chance to establish a healthy financial future. The benefits of Chapter 13 bankruptcy are to allow you to keep your property while paying back what you owe. It gives you the chance to have the peace of mind that your debts are paid, while not being harassed throughout the process. For more information and to learn how bankruptcy can personally benefit you, contact our firm today!