You are here
The Truth about Bankruptcy
I get sick and tired of hearing people bad mouth bankruptcy. The truth is, when you clear away all the other garbage promises, bankruptcy is the only thing powerful enough to do the following:
Bankruptcy actually gets rid of some debts that will never have to be paid back. Bankruptcy can lower monthly payments. It is not uncommon for payments to be lowered anywhere from $500 to $1,000 per month. The actual amount depends on the client’s particular assets, debts, income, and expenses.
Bankruptcy can stop repossessions.
Bankruptcy can stop a foreclosure.
Bankruptcy can stop legal action.
Bankruptcy can stop nasty creditor calls.
Bankruptcy can put creditors completely under control.
What is truly amazing is that bankruptcy can actually help you start to rebuild your credit.
Nothing else is this powerful.
Nothing else even comes close; certainly not those credit and debt counseling programs.
At best, those programs can lower the interest rate on a few credit cards. That’s it. If they promise anything more, it’s a lie and probably a scam.
Bankruptcy is not for everyone, but when it works, nothing works better for good, honest, hardworking people just like you out of debt and back on your feet.
For good people in the military, people will tell you that filing bankruptcy will hurt your security clearance or get you kicked out of the service. That is not true and anybody that tells you different is either lying or misinformed.
Call today for a FREE debt consultation.
Call toll free 504-322-1634.