Is Bankruptcy Right For You?
It might be. Answering this question requires careful examination of all of the options for handling unpaid debt. Depending on your situation, the court can eliminate most of your obligation to pay back those debts (Chapter 7 bankruptcy), or the court can work out a plan for you to repay your creditors over a period of three- to five-years (Chapter 13 bankruptcy). Bankruptcy may not be the appropriate road for you to take towards financial stability. However, bankruptcy can keep your wages from being garnished. So, if you're facing a garnishment or you're already having money taken from your wages, bankruptcy can remove the garnishment. Bankruptcy also keeps creditors from obtaining a judgment against you. If you've received a lawsuit summons, consult with an experienced and caring attorney to find out how bankruptcy can protect you.
There is a bit of soul-searching involved when considering bankruptcy. It is nothing to be embarrassed about, but it's surprising how many people approach any type of debt management with a certain amount of shame or embarrassment. No apology is necessary. Just accept that something must be done and then do it. Yes, it's always great when you can afford niceties as well as necessities, but life happens -- you lose a job, battle a life-threatening illness, or your family is torn apart through divorce or the death of a spouse. Bankruptcy is not the end of your financial experience but the beginning of a fresh start.
If you are ready to begin, call Smith Montgomery at (417) 881-9000 to make an appointment for your free first visit. You can make your own appointment by using the Contact Form on our website. Just click to select a date and time that is convenient for you. Morning, afternoon and lunchtime appointments are available. Same day and next day appointments are no problem. Our automated appointments system means you don't have to wait for our office to open. You will receive an instant email confirmation of your appointment date and time. Start feeling better by turning over your legal matter to an experienced lawyer who wants to help you.
This article discusses bankruptcy in general terms only, and nothing in this article should be considered as legal advice. No attorney can guarantee the outcome of a case; however, if you have a legal problem, please take advantage of a free visit to review your situation. For decades Smith Montgomery has helped over 8,000 clients in Southwest Missouri make informed decisions about their finances. If you need help deciding, visit the Client Reviews page on our website and see what our satisfied clients are saying about our bankruptcy and debt planning services.