I have had many clients who are ashamed to even talk about the possibility of filing for bankruptcy. Many were initially very reluctant to pursue a bankruptcy even when they desperately needed to do so. These clients were dealing with a large amount of unsecured debt, as well as dealing with debt collectors whose job it is to continually call, and often harass, regular hard working people who have found themselves overwhelmed by debt.
Many of my clients are unemployed because they were laid off or they may be underemployed because they are now working part-time. These people may have a job currently that pays far less than the one that they had when they incurred the debt in the first place. In addition they may have had medical procedures that they had no insurance for at the time that is costing them far more than they can possibly afford.
The reason behind why someone may need to consider a bankruptcy does not matter. What does matter is that the Bankruptcy Code provides a legal and a moral way for people to get themselves out of debt. It provides a rare opportunity to get a fresh start. Sometimes all people need is a second chance.
There is no shame and no disgrace involved with filing a Bankruptcy. In fact it is usually the moral and legal and best thing to do when you cannot pay your debts. Once I spend the necessary time with a client going over their financial situation and explaining the process it often becomes very clear that a Bankruptcy, whether it be a Chapter 7 or a Chapter 13, is the best thing to do for that debtor and his or her entire family.
It is a fact that not everyone can qualify to do a Bankruptcy. It is also a fact that there are other options available outside of Bankruptcy that can provide a debtor with the relief he or she needs. It is also a fact that strategizing as early as possible is an important part of the Bankruptcy process. Sometimes a proper strategy can make the difference between qualifying for a bankruptcy and not qualifying. Moreover, strategizing can also make the difference between being able to keep an asset and losing an asset in Bankruptcy.
I provide a free initial consultation. At this consultation I will provide you with all of your options, answer all of your questions, and help you to decide what the best option available for you is. Call the Law Offices of Brent D. George in Thousand Oaks, California for a free consultation or for any other advice about bankruptcy or debt at (805) 494-8400.
~Brent D. George