Financial freedom and independence from debt is a powerful thing. But if you are struggling on a daily basis with insurmountable debt and harassment from creditors you may be feeling less than ‘independent’ today. Many Americans face financial oppression, unable to pay their obligations, not because they do not want to, but because they have been victim to the economic downturn, having lost their job, recently became divorced or accumulated a large amount of medical debt from circumstances outside of their control.
Chapter 7 bankruptcy creates the best financial circumstance from a debt management perspective, because it erases your debt. You are no longer responsible for debt repayment and your creditors will be required by law to stop contacting you. If your credit score has suffered as a result of multiple missed payments, declaring bankruptcy may even help your credit score. Once you declare bankruptcy, your balances and records of unpaid debt are removed. All of these debts will be marked as being included in bankruptcy. You will now be able to start from scratch and given the opportunity to rebuild your credit.
As a citizen of the United States, you have the right to file bankruptcy. Do not allow the ‘bankruptcy stigma’, largely created by creditors stop you from considering bankruptcy as an option. Bankruptcy laws are designed to protect consumers, giving them the ability to come out with a clean slate, wipe out their debt and regain financial freedom.
If you are in a financial crisis and are considering filing bankruptcy, contact an experienced Miami bankruptcy attorney who can advise you of all of your options. As an experienced CPA as well as a proven bankruptcy lawyer, Timothy Kingcade knows how to help clients take full advantage of the bankruptcy laws to protect their assets and get successful results. Since 1996 Kingcade & Garcia, P.A. has been helping people from all walks of life build a better tomorrow. Our attorneys’ help thousands of people every year take advantage of their rights under bankruptcy protection to restart, rebuild and recover. The day you hire our firm, we will contact your creditors to stop the harassment. You can also find useful consumer information on the Kingcade & Garcia website at www.miamibankruptcy.com.