How A Tacoma Bankruptcy Law Firm Can Help Stop Creditors From Calling

| Thursday, September 25, 2014
By Cody Rine


With the current state of the world's economy, it's no wonder that people are finding it more and more difficult to achieve financial security. Even honest, hard working people can end up with overwhelming debt. Sometimes, their best option is to seek the services of a Bankruptcy Attorney Tacoma and file for bankruptcy. Millions of dollars have been discharged this way as part of a solution to debt relief.

A Tacoma attorney can explain to you the two options available to you: Chapter 7 and Chapter 13. A Chapter 7 requires that you pass a Means Test of your income and assets, and can discharge unpaid personal loans, medical and utility bills, and credit cards.

If you aren't eligible for a Chapter 7, a Chapter 13 may be better for you. It allows you to make repayments over the course of 3 to 5 years, according to a plan that is set by the court. Your creditors can't call you during this time. Once it's over, all debts such as car loans, mortgage repayments and taxes are settled.

People who are having difficulty paying off their mortgage, medical or educational expenses, or credit cards often feel like giving up because they see no solutions to their problems. They do not have to be embarrassed about their situation or think that they are alone.

Your financial situation is evaluated by the law firm, who can offer you the right advice. They will guide you into making the best decision for your situation, and will organize a suitable payment plan for the attorney fees, which do not need to be paid in full before your case has been filed.

A Tacoma bankruptcy attorney is happy to answer all questions you have regarding your options as they guide you throughout the entire process. The debt relief agency can help you find solutions to your debt problems and help relieve your stress, so you can begin the process that will start you on your path to financial freedom.




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