Benefits of Filing for Bankruptcy
At Jacoby & Jacoby, we are constantly asked by clients how bankruptcy will affect their lives when all is said and done. Many people are afraid that filing for bankruptcy will permanently ruin their credit score, and that it will take years before they will see a positive improvement in their credit rating. Other clients have come to us ashamed and embarrassed, worried they will be judged.
If you are going through a difficult financial time, and you think bankruptcy could be a viable solution to your situation, please don't hesitate to contact a New York bankruptcy attorney at our firm. Filing for bankruptcy is nothing to be ashamed or embarrassed about, and although your credit will suffer, it will only be for a short period of time.
Benefits to Bankruptcy
Many people are actually surprised to hear there are quite a few benefits to filing for bankruptcy. First and foremost, after you have filed for bankruptcy you will no longer be subjected to creditor harassment. As soon as you have filed your petition with the judge, your creditors will be prohibited from making any type of contact with you. Secondly, if your wages are being garnished or your property is being repossessed, filing for bankruptcy will put an end to that as well.
Another huge benefit to filing for bankruptcy is the emotional relief you will experience once you no longer have large sums of debt looming over your head. Many of our past clients tell us how much better they feel after filing for bankruptcy since they are no longer burdened with stress, anxiety, and worry over how they will ever catch up on their bills.
Discuss Your Situation with a Professional
There is no reason for you to continue struggling with mounting debt. Let an experienced New York bankruptcy lawyer at Jacoby & Jacoby help you take the legal steps you need to achieve a new sense of financial freedom. Even if you are still slightly hesitant about filing for bankruptcy, please take a moment to speak with an attorney at our office. We would be more than happy to discuss the pros and cons of filing for bankruptcy, and explain how bankruptcy relief can help improve your current situation.