Attorney For Bankruptcy Serving Corpus Christi, McAllen, Brownsville and Harlingen

Are There Benefits to Bankruptcy?

Most people see filing for bankruptcy as a negative thing, however there can be many benefits to bankruptcy when viewed in light of what you may be going through financially.  If you are having extreme difficulty paying your bills each month due to a job loss, unexpected medical bills, too much credit card debt, or even a divorce, then you may be a candidate for bankruptcy.  When you are being called constantly by creditors, possibly facing lawsuits or wage garnishments, or even repossession of your car and pending foreclosure, using bankruptcy as the tool it was designed to be can be a great benefit to you.  State and Federal laws were actually set up to allow individuals who are overwhelmed with debt to file for bankruptcy protection from their creditors.  One immediate benefit of filing is that creditors can no longer contact you about your debts, as the bankruptcy procedure will address all creditors by either discharging the debt owed to them, or restructuring your debt to be able to pay them back within 3 to 5 years.  This will provide immediate relief to most individuals, who are worried and stressed out over their finances.  With the help of our experienced and caring bankruptcy attorneys at the Malaise Law Firm, we can further explain what benefits you may get from filing for bankruptcy.

Consult With a Bankruptcy Lawyer in South Texas

By filing either a Chapter 7 or Chapter 13 bankruptcy, you also get the benefit of being able to eliminate your debt completely, or set up a repayment plan you can afford.  Both types of filings will allow you to get back on your feet financially so that you can move forward with your life and get past these difficult times.

Filing for bankruptcy may affect your credit record in the short term, but you can begin to rebuild your credit quickly with the help of our legal team.  As mandatory credit counseling and financial management courses are required through filing, you will have better tools at your disposal to keep a budget for the future that will allow you to make wiser choices when planning your expenditures.

The Malaise Law Firm has been helping the residents of Corpus Christi, McAllen, Brownsville, and Harlingen in South Texas for over 40 years.  Our legal team is comprised of caring and dedicated bankruptcy lawyers who take pride in providing you exceptional legal service which includes personalized attention and direct communication with you throughout your bankruptcy process.  Call us today for your free initial consultation.

What are the benefits of bankruptcy?  Find out more by contacting bankruptcy lawyers from the Malaise Law Firm today.