Benefits Of Filing Bankruptcy

If you’re struggling with credit card and medical debt, please know that you are not alone.

In 2019, the credit-reporting agency Experian reported that the average U.S. household had $6,194 in credit card debt, and according to a 2016 Kaiser Family Foundation and New York Times survey, more than 1 in 4 Americans had trouble paying a recent medical bill.

But here’s the good news: in many circumstances a bankruptcy filing can free you from all or part of your credit card or medical debt.

When you’re facing overwhelming debt, the last thing you need is to receive threats and harassing phone calls from creditors.

If you are being harassed by creditors, facing foreclosure or eviction, car repossession, or wage garnishment, contact us for a free consultation so we can explain the best path forward.

If you hire Kidwell Law Office to represent you, once we file your bankruptcy petition, we’ll notify your creditors that our firm is representing you. When that happens, you’ll find that all creditor harassment, threats of foreclosure/eviction, repossession, wage garnishment, and collection lawsuits will stop immediately. 

And if a creditor or collection agency does call, simply refer them to our office. We’ll get creditors off your back so you can get your life back on track.

While most taxes can’t be eliminated in bankruptcy, some can. If you’ve been falling behind on tax payments or claiming more exemptions in order to cover your other debts, you need to speak with an experienced bankruptcy attorney now to discuss your options before you get in trouble with the IRS. Should you file bankruptcy, the IRS has to cease any collection efforts pending against you. You may also be able to create a payment plan that works within your budget.