"I wish we would have decided to file years
ago - consulting with John Saitis was the
best decision we had made in years." - Sarah N. and William N. -
Newark, Texas
...SEE MORE CLIENT COMMENTS
Benefits of Filing Bankruptcy
THE
LEAST YOU NEED TO KNOW ABOUT BANKRUPTCY'S BENEFITS:
- Your Benefits Will Far Outweigh Negatives
- Or We Won't Recommend Filing
- Bankruptcy Benefits Your Health, Mental Well-being, and Relationships
- Not Just Your Finances
There are many benefits of filing bankruptcy that rarely get
mentioned, but are very real nonetheless.
Below is a list of some common, and significant, benefits of
filing bankruptcy. Because every case is unique, not
every client gets every benefit. However, most clients can, and
do, benefit enormously from filing bankruptcy.
Bankruptcy's benefits can include:
- Improved Health -
Stress has been proven in many medical studies to have a very real and
very detrimental
effect on a person's health. Getting your finances under control through bankruptcy greatly
reduces the amount of stress in most people's lives.
- A large amount of
debt is wiped out.
- By eliminating many bills,
you can start saving
for your retirement or children's college funds.
- Harassing bill
collectors stop calling. Your
attorney will deal with your creditors so you don't have to
deal with them.
- Improved Credit
Scores - Many clients considering bankruptcy already have
relatively bad credit scores. A
bankruptcy lowers your credit score initially, it may also allow the
score to start rising in the
near future. Doing nothing, by contrast, can keep credit scores
low for a long time to come.
- Most lawsuits against you are
eliminated.
- Bankruptcy can stop home
foreclosure sales.
- Improved Self-Esteem.
Working towards fixing your problems can make you feel better.
- Bankruptcy can keep your car
from being repossessed.
- Quick Results.
Unlike other areas of the law where it may take years to see tangible
results, you can come
under the protection of the Bankruptcy Court within days of first coming
into our office.
