How Will Declaring Bankruptcy Benefit Me?

Many people believe that filing for bankruptcy is essentially admitting failure and that your credit – and your life – is basically ruined once you do. Nothing could be further from the truth!

In reality, bankruptcy is actually a very helpful process that allows you to have many of your debts discharged and to set up reasonable payment plans for the debts that cannot be discharged.

Following bankruptcy, you will be free to rebuild your credit and control your financial future.

There are many benefits to filing for bankruptcy, including:

  • An automatic stay on your debts that prevents collection agencies from further pursuing collection
  • Stopping foreclosure against your home
  • Stopping wage garnishment
  • Preventing property from being repossessed
  • Discharging many debts without repayment
  • Setting up payment plans that work for you

When you make the decision to file for bankruptcy, it is important that you speak with an attorney who has experience in helping clients like you to regain control over their finances.

At the Law Office Of Howard Tagg, we understand how difficult life can be when you are overwhelmed by debt and have creditors calling you left and right demanding money, without caring whether you have enough left over to support yourself and your family.

Our goal is to assist you in handling your debt in a way that works for you and your family. Contact us today at (903) 581-9961 to set up an appointment for a consultation to discuss how bankruptcy can help you live the debt free life that you and your family deserve.