Owensboro Personal Bankruptcy Lawyer
There are many myths about filing bankruptcy, but the truth is that it is a safe, legal way to manage debt and retake control of your finances. Americans have a constitutional right to file bankruptcy and get a fresh financial start.
We understand that if you are considering bankruptcy, you have many questions and concerns. Our experienced lawyer and staff are prepared to answer your questions and help you understand how bankruptcy may benefit you. If filing bankruptcy is not the answer, we will tell you upfront and suggest alternatives. The Owensboro law office of David M. Taylor, P.S.C., offers flat fees for Chapter 7 and Chapter 13 bankruptcy cases.
Learn About The Benefits Of Bankruptcy
Too many people make the mistake of putting off bankruptcy. They may deplete their savings and go deeper into debt during this time. It is better to speak with an attorney as soon as possible to learn about your options. Much of your unsecured debt may be dischargeable. Secured debts may be reorganized into a repayment plan that you can handle. There is no need to do further damage to your finances or continue to let the stress of the situation overwhelm you.
One of the benefits of bankruptcy is the automatic stay. When your bankruptcy is filed with the court, the automatic stay prohibits creditor harassment, wage garnishment, foreclosure, vehicle repossession and the filing of additional liens while the bankruptcy is in progress. While the automatic stay is in effect, you have time to get your finances in order and make decisions about the future.
No one wants to file bankruptcy, but it is better than living with uncontrollable debt. In fact, people are typically able to rebuild their credit after bankruptcy because they have eliminated or paid down their debts.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.