Learn More About the Benefits of Filing for Bankruptcy
Redefining Bankruptcy. Helping Clients Understand Bankruptcy Benefits.
The phrase "What's in a name?" applies strongly to bankruptcy. Many people struggling with overwhelming debt steadfastly refuse to consider bankruptcy, largely because of the connotations of shame and failure that bankruptcy carries in our society.
Yet many people might consider bankruptcy if simply offered the use of "a financial tool that will lessen debt and stop wage garnishment and creditor harassment". At Sobti Law Group, we believe it's time for bankruptcy to be seen for what it is; a fully legal and relatively simple way to transition from a life overwhelmed by debt to a life with less debt, no creditor harassment and the opportunity to build wealth for the future.
Before you decide to avoid bankruptcy at all costs, consider this. Bankruptcy can:
- Immediately halt home foreclosure and property repossession
- Immediately halt wage garnishment and, in some instances, tax garnishment
- Discharge a significant portion of your debt, including credit card debt, medical care debt, unsecured debt like second mortgages and debt owed directly to retailers
- Immediately halt harassment by creditors
There are numerous secondary advantages to these benefits. For example, by halting the collections process, you'll have time to dispute false claims from creditors trying to collect more than what you owe.
Chapter 7 and Chapter 13 offer different advantages and benefits to filers. For a no-charge consultation regarding how bankruptcy can benefit you, contact Sobti Law Group.
Contact Us
The attorneys of Sobti Law Group offer free consultations, are available for Saturday appointments by request, and speak English and Spanish as well as Armenian, Russian, Arabic, Persian, Hindi, and Punjabi. Our firm also provides financial solutions directly from a lawyer. To contact us to learn more about the benefits of filing for bankruptcy, call 888-627-8013.
