Being overwhelmed by debt is one of the worst feelings ever. It’s like drowning on dry land. Sometimes, it just seems like there is no end in sight. You can’t make a payment, so you can’t get ahead. You can’t even get caught up. And to make matters worse, you end up getting threatening phone calls from debt collectors. Those are embarrassing and horrible. You already know that the payment for your credit card is three months late. You really don’t need them to call and remind you. And you certainly don’t need them telling you that you have no choice but to pay them.
Some collectors will do that. They will tell you whatever they think will make you give them your money. Even if you would have to choose between paying your rent or feeding your family and paying them, they want you to feel like you have no choice but to send them every last penny you have. They don’t care if you get evicted or can’t buy groceries to feed your small children. The only thing that they care about is getting your money.
It’s important to remember that debt collectors are paid to get your money from you. Some of them may even only be paid if they collect on the debts that are assigned to them. They are certainly not your friend and they are not trying to help you. It can help to talk to someone who understands consumer laws, such as a bankruptcy lawyer. Perhaps you have considered bankruptcy but aren’t sure whether it is an option for you. The best way to figure that out is to talk to someone at the Rapa Law Office P.C. who can answer all of your questions.
A good bankruptcy lawyer can explain to you all of your rights as a consumer. They can help you figure out whether bankruptcy is your only option or if there is something else that can be worked out with your creditors. If you should decide to file bankruptcy, they will help you figure out whether you should file chapter 7 or chapter 13. Don’t lose hope. There are always options available to you.