Has the sky fallen for victims of financial distress needing bankruptcy bailouts?

It is true that bankruptcy laws have changed in recent years 2005 to be exact; these new laws make it difficult for some filers to obtain a chapter 7 bankruptcy. Yet congress has not eliminated bankruptcy for the little guy they have made the debt elimination of a chapter 7 relief more difficult to attain. Instead a chapter 13 or reorganization or repayment restructuring is usually the case.

Filings are up and for many this is unfortunately the way to go. Bankruptcies are not a short term fix; they have the ability to destroy your good name for years to come. Even when you have gone through your time period of seven or ten years waiting for the bankruptcy or more commonly known as a bk. to drop off of your credit record report you still must legally state on credit applications that you did file for one.

If you do not technically it defrauding the lender, sound familiar? This is part of what led to the mega $700,000,000,000 bail out plan that put our country in a downward economic spiral with no end in sight. Regardless of the state of our nations economy you need to stay focused on your situation. Only you have the knowledge and intricate internal workings of your life.

It’s these little details that will give you the competitive edge; possibly you have an ace up your sleeve. Maybe you don’t need an ace you just need sound solid advice from a trusted professional who isn’t out looking for their next fee instead they are looking out for their clients interests whether they make a buck or not. No matter the case size, length or complexity you deserve a right to know your options.

If you are facing foreclosure maybe you don’t need the stay of a bankruptcy to protect your home, possibly loss mitigation or loan modification will do the job, how do you know if you don’t seek the advice? Can you avoid bankruptcy and snowball away your debt? Can a debt restructuring or elimination plan save the day? Again you won’t know unless you ask. Where do you go to find these solutions you seek? How can I the little guy afford these expensive advisors and why would they want to help me?

I’ve been there, I know these feelings you are going through. They aren’t fun, they aren’t welcome and before you know it… it seems as if everyone around you knows it too. The sad truth is that most people don’t understand what you are faced with and going through. They think your going to bring them down with your ship. Soon close friends are missing in action, family casts you out on your own and the only friends that call you are the creditors wanting to when you’re going to pay.

You can’t do it on your own and live your life too. You need a team of supporters; you need a team willing to go the extra mile; a coach or group of coaches, attorneys and advisers willing to go to bat for you. When your given the heads up every step of the way your able to walk with your head up high. I remember when I filed for bankruptcy, I felt sick and relieved at the same time. Sick due to the added financial burden and relieved from the stress of fighting the rudeness of collectors for my debts.

You simply direct them to kindly speak to your lawyer. Isn’t that nice? Nowadays people don’t have thousands of dollars for these services so this is where the power of leverage comes into play. By using an accredited, professional network of skilled legal eagles you have the advantage that comes from volume. Essentially you have the edge on the game that your friends family and associates don’t.

Attorneys with an average of nineteen years of servitude in their rightful niches, knowledge, alternatives, and historical data to back it up; you need the coaches in your corner fighting with you standing up for you, you also need unlimited access day or night to clear your concerns and your conscience. It’s time to stand up and fight back.

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Tagged with: bankruptcy • financial health • financial safety • financial trouble • foreclosure prevention • stop foreclosure

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