The bankruptcy benefits can be immediate with long term implications to you and your family.
Knowing you are actually taking a positive role and doing something about debt, will dramatically reduce the stress in your life.
- Harassing phone calls will stop
Debt collection calls will stop as debt collection agencies are forbidden to contact you once a bankruptcy application has been filed with the court.
- Wage garnishees are stopped
If you wages have been garnished as a result consumer debt the garnishee will be removed and you will receive your full paycheck.
- No further interest is added to debts
Once a bankruptcy is filed no further interest can be added to any debts owed
- Consumer debt is discharged
After bankruptcy, consumer debt is eliminated, meaning you do not have to pay for it any longer
After the bankruptcy is discharged, you can start rebuilding your credit in as little as 9 months.