Your Guide to Hiring a Bankruptcy Lawyer in Kissimmee
Do you worry about answering the telephone because you fear it could be yet another collector calling for money? You might be in debt and feel as if you have no way out of your current situation. When you get to the point where it feels as though you have nowhere to turn because of your financial problems, it can be overwhelming. However, it doesn’t have to be quite so bleak. There are things you can do and one of them is to consider bankruptcy.
What Is Bankruptcy?
First, it is important to understand what bankruptcy is, so you can have a better understanding of how it works and how it might help you. It is a legal process for people, as well as businesses, who find themselves in a position where they are unable to pay their debts. It essentially is meant to provide people with a fresh start. Anyone can get to a point where they are in financial trouble. This ensures there is a way to get another chance.
Bankruptcy eliminates all or some of a person’s existing debts. In some cases, it allows for the monthly payments to be changed and stretched out under the supervision and protection of the court. The process is designed to protect those who are in debt.
Why Should You Consider Filing for Bankruptcy
Although no one ever starts with the intention of filing for bankruptcy, it’s sometimes the best and smartest thing to do. If you have a lot of debt that you simply can’t handle, it’s going to take a toll on you financially, mentally, emotionally, and even physically. When you go through bankruptcy, you will find that it can help to immediately reduce a lot of that pressure.
One of the first things you will notice once you file is that you are no longer getting any phone calls from collectors. Those who are in financial peril and late on payments know the fear and frustration that can come from having their phone constantly buzzing with the calls from debt collectors. It’s embarrassing and stress-inducing. Filing bankruptcy will require that all of those efforts for collection stop immediately.
If the debt collectors still try to contact you and harass you, they are in violation of the court’s order and can get into trouble. For those who have been dealing with the harassing calls from debt collectors, you know how much of a burden it is. Each time the phone rings, you dread looking at the caller ID.
When you file, you will feel a great weight being lifted off your shoulders. You don’t have to worry about that debt any longer.
There will be an initial hit on your credit, as would be expected. However, with some time and work, it’s possible to rebuild your credit score. Even when you have a bankruptcy on record, it will be possible to eventually start to rebuild your credit and your financial life. Although there might be the short-term pain of going through the process and pinching pennies now, it will be well worth it for you down the road.
Why You Need Some Help
A lot of people want to handle some of their legal matters on their own. While it is commendable to want to take this initiative, it’s not always the best idea. The laws surrounding bankruptcy tend to be rather exacting, and you don’t want to make a mistake or forget to add certain creditors. You need to be sure you get things right the first time.
The best way to do this is by ensuring you are working with an attorney who knows the ins and outs of bankruptcy law. Your bankruptcy lawyer in Kissimmee can provide you with the help you need with the paperwork, ensuring everything is filed properly, and handling any issues with creditors that continue to harass you.
Choose the Right Bankruptcy Lawyer in Kissimmee
Keep in mind that not just any attorney is going to do when you are going through bankruptcy. You need to make sure you find attorneys who know and understand this area of the law. They can look at your case and then determine whether filing and declaring bankruptcy is the right decision for you or not. In some cases, you might have other options that you could try to handle your debt first. A good bankruptcy attorney will help you to exhaust those possibilities before you file.
If you are going to be filing for bankruptcy, though, you want to have help from quality attorneys like those found with Orlando Law Group. Call (407) 512-4394 to get in touch and to start learning more about how the attorneys can help you.