for chapter 7 bankruptcy can change your life, which is why you need
to consider every other option before you decide to do so. However,
there are several ways in which you can benefit from filing for
7 in Lawrence, KS.
Debts Will Be Erased
can get rid of medical debt, personal loans, lawsuits and credit card
debt. However, there are certain debts that cannot be eliminated.
This includes student loans, child support and certain tax
obligations. Joe Wittman can tell you which debts can be eliminated.
Credit Score Will Improve
have probably been told that filing for chapter
7 in Lawrence, KS, can cause your credit
score to drop. However, most people who file for bankruptcy already
have a credit score that is below 600. You can start rebuilding your
credit as soon as you file for bankruptcy. Most people notice a
drastic improvement in just six months.
Lenders from Contacting You
Harassing phone calls are one of the most nerve-wracking things about
having debt that you cannot pay. However, you will not have to worry
about dealing with harassing phone calls after you file for
bankruptcy. Lenders are required by law to stop contacting you after
you file for bankruptcy.
you get your wages garnished, your paycheck will be sent to your
creditors. This can make things a lot more difficult for you
financially. You will not get your wages garnished if you file for
chapter 7 bankruptcy. Joe
Wittman can guide you through the process
of filing for bankruptcy.