IN spite of the negative things that you may have heard about it, bankruptcy relief still remains to be the best option to many individuals who need help in recovering financially. There is nothing “illegal” or “criminal” about filing for bankruptcy. As a matter of fact, obtaining relief from debt under federal law is an important legal right that you have as a consumer provided that you are eligible.
Being in serious debt trouble can be very stressful. You may feel alone and helpless. Since most people consider their financial problems to be a “very personal matter”, they tend to be very secretive about them. Thus, they try to handle the situation on their own instead of seeking help. In the process, the person may not even be aware of the urgency of their situation. Important legal rights may be lost. A home may be in danger of foreclosure. A car may be repossessed. An ongoing wage garnishment may leave very little money for rent, food and other basic living needs. If you are a parent with dependent children, your family’s welfare may be at stake. How can you take care of your children if you can’t even take care of yourself?
If you are in debt and the idea of filing for bankruptcy relief has crossed your mind, your first instinct may have been to immediately dismiss the idea as “the last thing you’ll ever do”. After all, you’ve probably heard from friends, family and co-workers that bankruptcy is “bad” and that “it is the worst mistake you can ever make.” So instead of taking action, you’ve probably found it easier not to do anything instead, wishing that your problems would just somehow magically disappear if you ignore them long enough. Stop kidding yourself: The worst thing that you can ever do when you’re in this situation is to remain in denial. The truth of the matter is that debt problems actually tend to get worse, the longer you put them off. Sooner or later, you will have to face the music- and the consequences of your apathy and inaction.
Some people fear that they will somehow be “talked into filing” against their will once they see a bankruptcy attorney about their situation. This is ridiculous. No one can ever force you to do anything that you don’t want to do yourself. Bankruptcy attorneys are there to help you understand and exercise your legal rights to protect yourself. Besides, if you are in doubt about any advice you are given, why not consult with other bankruptcy attorneys to get a second opinion if that makes you feel more comfortable? The reality is that there are a lot of people out there who have already been to several different attorneys and were probably given the same advice by every attorney they saw. So they actually already know what they need to do — they just don’t do it because they are afraid of making needed changes in their life. See, change can sometimes be uncomfortable, but unless you get out of your comfort zone when necessary, you’ll just be running on a treadmill for the rest of your life and never get anywhere. You do want your life to change for the better, don’t you?
Don’t misunderstand what I’m saying. Bankruptcy is certainly NOT for everyone. As a matter of fact, I often advise AGAINST bankruptcy unless it is the best solution for the client. But when it is the best option, postponing it can only work to your disadvantage. Why continue to suffer needlessly when the very solution that you need to end your problems once and for all may be right under your nose? We are a nation governed by laws intended to protect our welfare. Why not allow the legal process to work for your benefit?
If you need professional help in finding out what your options are, please call our office at Toll-Free 1-866-477-7772 to schedule a free consultation. We have offices located in Glendale, Cerritos and Valencia.
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None of the information herein is intended to give legal advice for any specific situation. Atty. Ray Bulaon has successfully helped thousands of clients in getting out of debt. For a free attorney evaluation of your situation, please call Ray Bulaon Law Offices at TOLL FREE 1 (866) 477-7772.