If you are wondering how much does a Harrisonburg bankruptcy lawyer cost, then know you can rely on the professionals at Martin Wren, P.C. to answer your questions. When going through a difficult financial time, it is only understandable that someone may consider filing for bankruptcy. However, before doing so, it is in your best interest to receive guidance from a reputable law firm. Filing for bankruptcy is complicated, and the decision shouldn’t be taken lightly.
What if I can’t keep up with my monthly bills?
There is probably no bigger sign of too much debt than being unable to maintain payments for current bills, particularly student loans, mortgage, auto loans, credit card payments, and medical care. If you are so overwhelmed with debt and are asking yourself how much does a Harrisonburg lawyer for bankruptcy cost, then it may be time to think about filing for bankruptcy.
I applied for a debt management plan and didn’t qualify, now what?
A debt management plan is a solution to help people reduce their debt burdens. It is preferred by many because it includes one single payment versus juggling numerous bills. If a credit counselor reviews your information and finds that you don’t have enough money to pay into a debt management plan, you may want to consider the potential benefits of filing for bankruptcy.
A home equity loan didn’t help, do I have other options left?
It may seem like a smart move to get a home equity loan, especially if you have steep credit card bills that you want to pay off for good. In many cases, tapping into a home equity line is not recommended for eliminating credit card debt. The reason for this is because you have taken on secured debt to pay off unsecured debt. Your credit cards will be paid off but the mortgage and home equity loan are still there. If you are unable to pay, you may be putting your home at risk.
I can’t stop creditors from constantly calling, what can I do?
When you file for bankruptcy, an “automatic stay” is placed on your debts, and creditors are not permitted to contact you about outstanding debts. While this shouldn’t be the sole reason you file for bankruptcy, it is a benefit to those who are facing a lawsuit or constantly pestered by credit agencies. While the automatic stay is in place, that will be the time to reorganize your finances without worry about being bombarded by credit companies.
If you have asked yourself how much does a bankruptcy lawyer in Harrisonburg cost, then chances are you are in need of a dependable lawyer from Martin Wren, P.C. — so please call today.