The sooner you can get your debt situation under control -“ by eliminating debts in Chapter 7 or setting up a repayment plan under Chapter 13 -“ the sooner you can begin rebuilding your credit again and, even more importantly, your life.
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Wondering about the basics of Chapter 7 bankruptcy? Here they are, in a nutshell.
The fault of today's recession does not rest on the shoulders of those who bought a biggertruck, new plasma television or took an extra vacation. We are in this mess because of an increasingly complicated financial tangle of ungoverned investment products that has long been too shaky to support our country's financial system.
Unfortunately, like so many Americans, it didn't take much for you to find yourself caught in the tide.
Are you afraid of losing your home and wondering what to do? A good place to start is to ask yourself whether you want to save the home or whether you're unable or unwilling to do so. The good thing is, in either case, there's hope. And, filing bankruptcy is one possible solution.
The reality is, for many people buried in debt, filing bankruptcy may actually be the most responsible thing to do under the circumstances, and the best way to protect your credit in the long run.
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The Law Offices of John T. Orcutt has four convenient office locations. If you're in Rocky Mount, NC, you're only 30 minutes away from our Wilson office. Visit www.billsbills.com to set up a free debt consultation online or call +1-919-646-2654.
The Law Offices of John T. Orcutt has four convenient office locations. If you're in Angier, NC, we're only a short 30 minute drive away. Visit www.billsbills.com to set up a free debt consultation online or call +1-919-646-2654.