Trying to decide when to file bankruptcy or even if you should file bankruptcy is not a decision that should be taken lightly. Fortunately, Bankruptcy Attorneys in Des Moines can help you decide if bankruptcy is the answer to your problems. Most people would agree that in a rough economy when people are losing their jobs; family members are dying; or people are getting sick; the last thing anyone wants to think about is filing bankruptcy. However, it is important to keep in mind that there are a lot of benefits to filing Chapter 7 or Chapter 13.
Don’t You Lose Everything When You File Bankruptcy?
It is a common misconception that you lose everything when you file bankruptcy. In fact, bankruptcy was created by the government to provide people who are struggling with debts to get control over their finances again. Hiring Bankruptcy Attorneys in Des Moines to help you just makes sense if you’ve lost your job, you lost your health insurance, or the bread winner of your family has become sick.
Rid Yourself of Debt or Gain Control of It
When you file Chapter 7 you are going to rid yourself of any unsecured debts. When you file Chapter 13, you are going to set yourself up to get a lot of extra time to pay your debts back. A law firm such as Westgaattorney.com and the judge will create a repayment plan that fits your budget and allows you to pay back your debts in the next 3 to 5 years.
No More Harassment
Are you sick of getting those phone calls every day? Maybe they call two or three times a day asking for money you just don’t have? If you file for bankruptcy you will get put in an automatic stay which prevents creditors from being able to call you. Even if they did call you, Bankruptcy Attorneys in Des Moines are also beneficial because you can refer all creditor calls to them.
Bankruptcy Attorneys in Des Moines can shed some light on what it means to file for bankruptcy. They will make sure you understand exactly what bankruptcy will do for your credit history. They will also help you with all the confusing paperwork.