Life is unpredictable. An individual or family does not get to choose when a health issue or a downturn in the economy will strike. When one of life’s inevitable and unpredictable obstacles do arise, debt can accumulate quickly. With that debt comes harassment by creditors and serious financial stress that can leave individuals and families in despair. This is why bankruptcy laws provide immediate and permanent relief to hard-working Americans whose debt picture has taken a turn for the worst.
Bankruptcy can be intimidating to the average person because some view it as a failure or because bankruptcy remains on an individual’s credit report for an extended period of time. Don’t let these concerns prevent you from considering what bankruptcy laws were designed to do, which is giving the debtor a fresh start. If you are in financial peril due to unpaid debts, contact Meridian Law Group today and speak with an attorney regarding your chance at a fresh start.