Bankruptcy
Times are tough. We all deserve second chances.
Millions of people have turned to filing bankruptcy to eliminate debt and stop foreclosure.
If you're avoiding creditors, or if you've been trying to work with them but they won't budge, it's probably time to examine other options.
If you've been threatened with collections, and they've even gone as far as threatening or starting the foreclosure or repossession process, filing bankruptcy may stop those efforts cold.
By filing Chapter 7 bankruptcy, many people have eliminated their
unsecured debt, like:
Credit Card Bills
Medical Debt
Utility Bills
Store Cards
Payday and some Personal Loans
Parking Tickets
Filing Chapter 13 may also help you stop foreclosure/repossession. Under Chapter 13, people repay debts through an interest-free repayment plan that usually lasts 3 to 5 years.
Keep in mind, you can regain credit after filing bankruptcy. Don't let creditors fool you. Many people have
improved their credit after filing because they were able to dump that old debt and start anew.
Bankruptcy is a legal process that was designed to forgive debts.
Get information on the bankruptcy filing process, laws and the different chapters of bankruptcy.
Contact Callister & Associates today.
Copyright 2011 Callister and Associates