The roller-coaster ride on today’s unpredictable economy has left many people stranded facing tough financial challenges. It is probably one of the most frightening times of your life. Your lifestyle, your vehicle and often your home can be at risk, and at times it may feel as if there is no way out of the impending disaster. If you are one of the many people today struggling to find a way out of debt, it is important to understand that you are not alone, and that you have options. The bankruptcy laws of the United States were designed to protect individuals exactly like you. The ability to file for bankruptcy affords an individual who is, through no fault of their own, overwhelmed by bills, bad debts, lingering judgments and looking for a “fresh start”.
Need a fresh start?
Clients who successfully complete a bankruptcy case have a chance for a “fresh start”, to rebuild, and to recover. That “fresh start” will be free from the harassing bill collector phone calls which may have been plaguing you for years, and free from the worry of paycheck garnishments and court appearances for unpaid bills. In many cases, bankruptcy candidates can keep their current house, cars, household goods, furniture, and even some retirement savings. Under Missouri law, items like these items are called ‘exemptions,’ each with its specific limits. This is just one example of an area where having an attorney working for you who is skilled in Bankruptcy Law can save you a lot of pain and heartache.
Getting a “fresh start” is a Complex Process
Like most things in life, you have to work to get this “fresh start.” It doesn’t come easy. Filing for bankruptcy requires working through a complex process of schedule preparation and creditor meetings. In addition, the bankruptcy courts are now ‘paperless,’ so everything must be submitted electronically. At Lanzotti and Rau, we have the expertise necessary to navigate the intricate world of bankruptcy filing. If it’s not done right, individuals may lose their home and items of personal property that they might have been able to keep with a proper application.
We can help
If you are at this difficult point in your life, one of the best things you can do for yourself is bring good legal representation on board for the fight. For example, did you know that certain debts may not be considered ‘dischargeable,’ and will survive the bankruptcy? Knowing how to handle issues like this, and many others that will come up in the process of bankruptcy filing, is the reason that hiring an attorney will be one of the wisest decisions you make as you organize your new start in life. No one should live with the anxiety, fear, and harassment that debt collection brings. The lawyers at Lanzotti & Rau can help. Contact us today for a free evaluation to see if bankruptcy filing is the right course for your “fresh start”.