They say in medicine that surgery should be a last resort for a patient after she or he has exhausted all attempts at conservative care. So too is bankruptcy an extreme legal option when it comes to your finances. When appropriate however, it can substantially limit creditor rights. There is and automatic stay upon filing that stays or stops any collection or court process against you and it is the most powerful resource available to a consumer debtor. Federal and State exemptions may allow you to keep your house, car, furniture, pension and other property through the case. Most unsecured debts such as credit cards and medical expenses are easily dischargeable to eligible candidates through a Chapter 7 proceeding.
· Creditor Harrassment
· Utility Shut-Offs
· Tax Liens
So you think you have a case? Start winning today.