Learn about bankruptcy and see what option is best for your situation. Unbiased & Free Advice — CALL 1-866-376-9846 TO GET ADVICE
How bad is your situation? Bankruptcy could be your only option left, so understand how it works.
The good news is that debt settlement and debt management programs save hundreds of people from having to declare bankruptcy every single day. Bankruptcy is not the end of the world and is sometimes needed, but if you can avoid it then great!
CLICK HERE TO GET A FREE ONLINE DEBT RELIEF PROGRAM QUOTE — IN A MATTER OF MINUTES.
It is important for consumers to understand all their options — debt negotiation; debt consolidation; consumer credit counseling; bankruptcy; doing nothing at all, and of course staying current on your bills.
Every individual is different and may have their unique circumstances. People have different hardships.
Financial Hardships Include: medical conditions — loss of income — loss of a job — divorce — and many other possible hardships. Therefore there are times where one solution, may be the best for one person, but another person will require a different solution that best fits their situation.
Debt experts at Golden Financial Services specialize in helping consumers with hardships, different circumstances, and different financial situations. Ultimately if you have debt, we will help you no matter what your situation includes. Sometimes we may just give you free advice, but most of the time we will find out what the best credit card relief program is for you, then assisting you with a resolution.
BK as the Last Option
Debt Settlement or Bankruptcy?
Filing for bankruptcy is the last option that you want to turn to. Most consumers will declare bankruptcy if they don’t qualify for debt negotiation. Sometimes consumers feel like bankruptcy will be a quick fix to their situation, but it’s only a temporary fix that will cost them more money and stress in the future.
Don’t medicate your problems or look for quick temporary fixes. Find a real solution that will fix your problems, allowing you to rebuild again in the fastest possible time frame. This goes for your health, financial situations, business, work, relationships and just about anything in life.
With other options such as debt settlement, it will feel much better in the end when you do become debt free because you will have paid your creditors back, but at a reduced amount based on your income and situation.
Bankruptcy can be a good option for consumers that have creditors trying to foreclose on their home or garnish their wages. Bankruptcy could put a stop to these collection actions. Bankruptcy is always a last option, but when certain consumers need it, bankruptcy is available.
With a Chapter 7 Bankruptcy, assuming you have an experienced bankruptcy attorney helping on your case, you would only have to pay attorney fees when qualifying. However, if you own assets, they may be sold to pay your creditors.
If you need to finance a new car or any loan over the next 5-7 years, assuming you can qualify, lenders will automatically give you the highest interest rates seeing that you have a bankruptcy on your credit report.
High interest is the worst!
Bankruptcy can also be embarrassing. Having bankruptcy on your credit report could prevent you from being able to buy or rent a new home, obtain new employment, insurance and many more negative consequences consumers experience.
Chapter 13 Bankruptcy is even worse because you still will pay back more than half of your debt, plus have bankruptcy marks left on your credit report for the next 7-10 years.
When entertaining bankruptcy as an option it is important to examine a Chapter 7 Bankruptcy, Chapter 13 Bankruptcy and most importantly don’t just go with any reasonable bankruptcy attorney. It is important to speak with an experienced bankruptcy attorney in your state. If you are looking to file for bankruptcy in Florida, you would want to talk to a Florida, bankruptcy lawyer.
It is important to find a bankruptcy attorney by referral, by searching the Better Business Bureau website for bankruptcy attorneys, and always checking the attorney out at martindale.com before officially retaining them.
To avoid bankruptcy see if you qualify for debt settlement to reduce credit card debt.
We hope to welcome you soon to our winning team so that we can help you to reach the finish line with a VICTORY! Call 866-376-9846 for a FREE DEBT QUOTE!