Sounds a little crazy right? ... Bankruptcy is awesome ???
That's probably the last thing someone would be thinking when they first consider filing for bankruptcy.
Now ... are we saying that everyone should run out and file bankruptcy ? Absolutely not.
Do we tell everyone who comes in see us that they should file for bankruptcy? Not at all. Often times, we may recommend to clients that they hold off on filing for bankruptcy because there may be alternative ways to straighten out their financial problems.
However, the thing we do tell all clients is that, given the right circumstances, filing for bankruptcy relief can be AWESOME and can give YOU the power to turn around your financial worries!
Up until now, you probably feel as though your creditors have had all the power ... they dictate:
how much is due
when it's due
how much you need to pay now for them to consider it current
how fast you need to get it all paid
And you explain to them why you're behind ... and they don't care at all (because you're just another account number to them)
and this is when we say bankruptcy can be AWESOME!
One of the main reasons why we say this is because of the POWER SHIFT that bankruptcy brings about. The way it gives you the power for a change. It gives you the power to:
wipe out their debts entirely; or
tell them how you are going to repay your debts
which can be AWESOME!
When you think about it, that is the reason the bankruptcy laws were written. These laws were put into effect because everyone knows that ... well ... life happens:
people get sick or injured with huge medical bills
folks get laid off after working a job for 10, 20, 30 years!
spouses get divorced and now instead of needing to support one household, there are two and the other bills fall way behind.
or due to illness or unemployment, folks fall behind on their mortgage or car loan ... and are now facing foreclosure or repossession.
or maybe just being young and running up credit card debt because you didn't realize (and the credit card companies certainly never told you!) of the high interest rates, late fees & penalties ... that are basically designed to forever keep you in debt!
These are all examples of things that are:
not your fault
and there is no way to prepare for them
And this is why bankruptcy can be AWESOME!
You shouldn't think of bankruptcy as the low point ... because it's not. You should think of it as a lifeline that's been afforded to folks to help get them out of financial problems and to rebuild.
Bankruptcy can, often times, provide you with an amazing amount of relief ... both financially ... and probably more important ... mentally!
Let us give you a couple of examples of when bankruptcy has been awesome for clients:
Consult with an experienced Bankruptcy Attorney serving Broward, Miami-Dade and Palm Beach Counties to see if bankruptcy could be an AWESOME solution to your financial worries!
Call Beacon Law, P.A. to schedule your FREE attorney consultation!
We're Open 7 Days Per Week!
Open Saturdays & Sundays!
8:00 am - 8:00 pm!