Get Out of Debt! File Bankruptcy in Valdosta

by | Sep 13, 2016 | Bankruptcy Law

It may sound a little crazy to say but when you file bankruptcy in Valdosta area you are taking a step in the right direction to improve your health! Being in debt with debt collectors calling you at home and at work, worrying about losing your property, fearing the repo man are all detrimental to your health. Stress is the number one killer in the US. Worrying, losing sleep, suffering with headaches and stomach upset is not good for your health now or your long term health. If you can take one easy step to wipe out your debt or get your debt under control and do away with all the stress and worry you would in fact be improving your health!

The Myths About Bankruptcy

Bankruptcy is not a failure on your part. Bankruptcy is not causing the economy to fail. There are so many myths that swirl around what bankruptcy is that it can seem a little scary to some people. A lot of people feel like “bankruptcy” is the mark of failure but it is actually the opposite, it is the responsible thing to do. When you cannot manage your finances and are struggling with even the basics in life because your debt is so overwhelming taking action is the best remedy not only for you but for your family. Here are some bankruptcy facts you should know about:

  • You can rebuild your credit with in a couple of years of your bankruptcy discharge
  • 95% of all bankruptcy cases filed are filed because of loss of wages, medical bills, divorce
  • You will be able to buy a home/car in the future
  • You do get to keep almost all of your goods (depending on which chapter you file)
  • It does give you a fresh start

Being proactive will reduce your level of stress and improve your everyday health! Charles Farrell Attorney at Law can explain your options!

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