Many of us make New Year's resolutions focused on losing weight and eating better, but this year, you should consider making a resolution to stop procrastinating, lose your debt, and live better! Being burdened with overwhelming debt is stressful and depressing. Don't go another year (let alone another day) living this way. File a personal bankruptcy and obtain a fresh financial start!

Many individuals procrastinate seeking the debt relief they so desperately need, but why? There are numerous reasons, but among the top is the feeling that they are the only one in this situation and it is hard to admit that you need help. It is important to understand that you are not alone and people all across the country are having financial struggles.

Bankruptcy is a tool. It is not a dirty word. It is a legal tool that is used by millions of people and companies. It does not cause financial problems. It solves them.

According to debt.org , the average American household has more than $15,000.00 in credit card debt! In fact, people you see every day have likely filed a bankruptcy case and you simply are not aware of it. You are not alone in your financial struggles and it is time to take control of your life.

We understand that it is very painful to consider filing bankruptcy - especially before you truly understand what it can do for you. However, in most cases, once we are able to explain all of the bankruptcy options that are available, people are greatly relieved to learn that their problems can be resolved after all.

If you enjoy the stress that comes along with any of the following situations, then by all means you should continue to procrastinate and avoid filing bankruptcy:

• I enjoy receiving harassing telephone calls from debt collectors at all times of the day.

• I enjoy when my doorbell rings and I can say hello to another process server or someone from the sheriff's office who wants to serve me with another collection or foreclosure lawsuit.

• I enjoy receiving mail so I don't want to stop the endless number of letters being sent to me threatening more collection and foreclosure lawsuits.

• I want to lose my home, my personal property, and my car.

• I enjoy the disadvantageous terms of my mortgage - after all, I signed a promissory note agreeing to those terms.  

• I enjoy having my bank accounts frozen every time one of my creditors garnishes them, and giving away part of my hard earned wages to my creditors when they serve my employer with a continuing writ of garnishment.

• My marriage was horrible and I am getting divorced. I might as well still live with all of the joint debt that was incurred during my marriage.

• I enjoy making the minimum monthly payments on my credit cards and not reducing the balance owed in any way.

• I enjoy not sleeping, feeling helpless, and having all of my stress-related health problems.

• I believe that if I ignore my problems long enough, they will just go away.

What can bankruptcy accomplish? 

Please excuse the sarcasm. If you, or someone you know, is currently in any of the situations just described, it is time to stop procrastinating, and time to take a proactive step to give yourself the fresh start that you deserve!

When you file a personal bankruptcy, you are able to accomplish the following:

 

• Immediately stop harassing telephone calls and letters from debt collectors

• Immediately halt any progress being made in collection lawsuits filed against you

• Immediately stop a pending foreclosure sale on your home

• Immediately stop the pending execution on your personal property

• Immediately stop a creditor from garnishing your bank accounts and/or your wages

• Potentially negotiate new, more beneficial terms on your home mortgage with your mortgage lender

• If you own one or more investment properties that are underwater (you owe substantially more money than the property is worth), you may be able to negotiate or force more beneficial terms on these mortgages with your lenders (and possibly eliminate some of them altogether)

• Potentially eliminate most, if not all, of your medical bills and credit card debt

• Immediately stop feeling helpless

• Immediately obtain hope and confidence that you have a plan for your financial future (and your family's financial future)

• Start rebuilding your credit sooner

Procrastination can cost you your car, your wages, your personal property, and even your home. Filing a personal bankruptcy case in a timely fashion can prevent these losses. Debt won't go away by ignoring it or wishing it away. In fact, the longer you ignore your debts, the more unmanageable they will become.

 

You should be most concerned with your health, your family, and your happiness. All of those things are infinitely more important than trying to preserve your credit score or trying to make minimum payments on debts that you will never pay off.

Do not wait until after your house is foreclosed, your car is repossessed, or your bank accounts or wages are garnished to take action. Find out what bankruptcy can do for you now!

To take the first step in obtaining your fresh financial start this year, contact Leiderman Shelomith, P.A. to schedule a no-cost initial consultation.

  

 

 

At Leiderman Shelomith, P.A., our staff is an integral part of our bankruptcy practice. Each of our staff members takes pride in providing our clients with top-quality and individualized personal attention.  

 

When our prospective clients or actual clients visit our office, they are greeted by our receptionist, Lysandra Cruz.  Lysandra makes sure that everyone is comfortable, and immediately offers them a choice of a wide range of beverages.    

 

Once they are attended to, if they are a prospective client visiting our office for an initial consultation, they are introduced to one of our intake specialists/legal assistants, Colette Jeanneau, Christopher McCarthy, or Chelsea Derby.

In that situation, their job is to obtain some of the background information about the prospective client and the matter at hand.  Once the intake portion of the consultation is complete, the prospective client will meet with one of our attorneys, Jonathan Leiderman, Zach Shelomith, or Ashley Popowitz. 

If they are a current client visiting our office for a follow-up conference, they are re-introduced to the legal assistant that they previously met with, so that the legal assistant can go over the documentation that the client is providing and determine if anything is still missing.

Our clients continue to build relationships with all of these sensational people throughout their case, as they continue to meet with and communicate with them on a regular basis to ensure that their matter is handled as efficiently and quickly as possible.