Kalispell Bankruptcy Attorneys
Have your debts become unmanageable? Are debt collectors and creditors harrassing you? Bankruptcy may be the next step you need to take. If so, you should take this important step with a trusted bankruptcy attorney from Grizzly Law. Grizzly Law’s legal experts can come alongside you and help you through this intimidating and confusing process.
When should you consider bankruptcy?
Bankruptcy is designed to give you a fresh start and allow you to escape from debts which are no longer manageable. Bankruptcy is a legal process through which individuals and families can obtain a fresh financial start when they are in such financial difficulty that they cannot repay their debts as agreed. The fresh start is achieved by eliminating all or a portion of existing debts and/or by stretching out the monthly payments, It is important to speak to an attorney familiar with bankruptcy law before considering filing for bankruptcy.
How Does It Work?
To begin the bankruptcy process, you file legal papers (a Petition and supporting documents) with the Bankruptcy Court. You must list all your debts, property, income, and expenses in these papers. After you file for bankruptcy, your creditors cannot try to collect from you directly. Instead, they must take any claims they have against you to the Bankruptcy Court. Because this is done under the protection and supervision of the court, you need a trusted bankruptcy attorney to provide expert legal advice.
How Can A Bankruptcy Attorney Help Me?
Bankruptcy may make it possible to:
- Give you a fresh financial start by “discharging” (that is, wiping out or erasing) certain debts.
- This means you are not legally required to pay those debts.
- Stop most wage attachments from your pay.
- A wage attachment is when a creditor gets a court order allowing money to be taken from your pay to repay the debt.
- Stop creditors and debt collectors from harassing you or bothering you.
- Let you keep any future wages, money you receive, or property you buy.
- This means that creditors whose debts were discharged cannot come after you for the old debts.