Helping You Restore Your Financial Health
The mere thought of filing for bankruptcy is terrifying for most. However, if you have an insurmountable amount of debt and cannot keep up with your payments, bankruptcy might be your only option for restoring your financial health. Our Sherwood bankruptcy lawyer at Pacific Cascade Legal can help you examine your options and guide you through the path that best addresses your needs and goals. He understands how overwhelmed you must feel at this time, which is why he is committed to helping you lift this burden and have a fresh start in life.
Contact Pacific Cascade Legal at (888) 981-9511 for a free initial case review with a Sherwood bankruptcy lawyer you can trust.
Should I File for Bankruptcy?
Most people are not eager to file for bankruptcy. Chances are you examined many of your other options and still concluded that bankruptcy might be the only appropriate option for your circumstances.
If you still have reservations, however, ask yourself the following questions:
- Can you handle your debts outside of bankruptcy? Handling your debts is not only a matter of whether you can repay them; it is also a matter of how long you will take before you are in a more stable financial position. For some, it might take more time and far more effort to accomplish what a bankruptcy can more easily resolve.
- Are creditors suing you to collect the debt you owe? Depending on your assets and income, if a creditor sues and obtains a default judgment against you, they can garnish your wages. Filing for bankruptcy provides immediate relief through an automatic stay, which ends all collection actions.
- Is your property at risk for repossession or foreclosure? If you are falling behind on home or car payments, your lender might take these items back. Depending on your circumstances and the chapter you file for, you might hold onto your home or your vehicle.
- Do you have non-exempt property? During the bankruptcy process, you can usually protect exempt property. However, you might have to let go of some of your non-exempt property, depending on the chapter you file for. For example, if you file a Chapter 13 bankruptcy, you can potentially keep all your property if you pay off the value of it through your repayment plan.
Attorney Wisehart understands that deciding to file for bankruptcy and choosing the right chapter for your situation is not easy. Instead of risking your financial future, obtain the skilled legal guidance you need to ensure you make the right choices.
Retain the Skilled Legal Advice You Need
Filing for bankruptcy is a complex and overwhelming process. Pacific Cascade Legal is committed to helping clients relieve themselves of their financial burdens, so they can enjoy a brighter future, free from debt and harassing phone calls from creditors. You can rely on Attorney Wisehart to guide you toward the best decisions for your circumstances.
Get started today and contact the law office at (888) 981-9511 to set up a free initial consultation and discuss the details of your case!