The attorneys and staff at Bowman & Associates are here to help guide you through the complex and daunting task of filing for Bankruptcy. The typical bankruptcy filer is a person already in fragile economic circumstances, often with large amounts of credit card debt, who then suddenly faces a spate of hard luck (loss of job, injury, divorce, uninsured medical expenses), resulting in mounting penalties and an unpayable amount of debt.
Bankruptcy law is designed to help people just like this, who need assistance in making a clean break — a “fresh start” on life, rather than spend the rest of their lives being crushed by the burden of unpayable debt.
There are two main types of bankruptcies for consumers:
The decision to file for bankruptcy is one that can have a profound effect on your life — a financial fresh start, free from uncontrollable debt, angry creditors and stress.
Bankruptcy gives you the chance to rebuild your credit. After your debts are discharged in bankruptcy, you can begin saving money, instead of putting it toward high-interest credit cards. Here are some tips to make the most of your life after bankruptcy…