Southtrust law & Title PA is now Dubyak Law P.A.
Southtrust law & Title PA is now Dubyak Law P.A.
In this article, you will discover:
If you’re making $3,000 a month and you have $9,000 worth of debt coming in every month, you need to file for bankruptcy.
Basic Chapter 7 and Chapter 13 bankruptcies are fairly standard and not too complex, as long as you have somebody willing to work with you a little bit. I tell potential clients that it’s $2,500 for a standard, all-inclusive bankruptcy, fees and costs included.
In addition to experience, what you’re looking for is someone who won’t make you judged, belittled, or maligned. People are nervous about bankruptcy consultations. They often feel ashamed. I try to remind clients that life happens.
I also try to reassure clients that bankruptcy is just part of life, and that this situation isn’t permanent. In a couple of weeks, they can start over. In fact, after you discharge all your debts and the foreclosure concludes, your credit will start improving dramatically.
A good bankruptcy attorney will leave you feeling reassured and hopeful. For the person who needs bankruptcy, it’s a lifesaving tool.
Bankruptcy puts you back into an opportunity position, as opposed to a debt-driven position. Because once you’re saddled with heavy debt, especially credit card debt, you can’t get out. You’ll never escape a 29% interest rate because you weren’t intended to.
If you find yourself in that situation, you need an attorney’s support, because that’s how the system was set up. Under those conditions, you weren’t intended to pay back that debt. You were supposed to end up in bankruptcy, because there wasn’t any other way out.
A good bankruptcy attorney also understands that people become insolvent when they quit work to care for a sick parent or relative. You may need to take months to years off work to be a caretaker. You shouldn’t feel ashamed of that. Fortunately, your attorney can get you back on the right track and give you another opportunity to succeed.
Initial consultations for bankruptcy are typically straightforward and fast, 10 or 15 minutes. A bankruptcy attorney will want to know:
No bankruptcy client of mine has ever told me that a debt relief company was helpful. The way it supposedly works is: you have an agreement with the debt relief company, and they claim to have an agreement with your creditors.
For example, suppose you paid a debt relief company $100 toward a debt. They’ll keep $40 and give the remaining $60 to the creditor. It doesn’t make any sense for a creditor to take that deal.
What most often happens is you make payments to the debt relief company, and despite your agreement, the creditor still files an action against you for a judgment on a credit card bill that you have been paying for the last four years.
I had someone come to a consultation who spent $6,500 on debt relief over the last four years, only to be sued by American Express in the end, and still had to file for bankruptcy. They still owe the same amount of money today as they did four years ago, because it’s at 30% interest.
Bankruptcy would have cost $2,500 in total. Had they filed bankruptcy three and a half years ago, that $6,500 debt would have been discharged.
Debt relief is a scam. You’re still in debt to these creditors, and your credit is ruined. Debt relief won’t save your credit in any practical way. Moreover, you don’t need credit because you’re already broke, in debt and unable to get any more loans.
For more information on filing bankruptcy in Florida, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (850) 280-6251 today.
Attorney Jeremy Dubyak is a skilled lawyer based in Pensacola, Florida, who has helped numerous clients like you navigate the intricacies of bankruptcy law. With years of experience, he is prepared to assist you in evaluating whether filing bankruptcy is the right solution for you so you can regain financial stability and start life again debt-free.
Still have questions? Ready to get started? Contact Dubyak Law Firm, P.A., today to schedule an initial consultation.
