ECONOMIC UNCERTAINTY CONTINUES to threaten many Americans’ standard of living. Some struggle to cope with the burden of life’s basic obligations. Not surprisingly, these conditions can cause unforeseen financial hardships, in addition to feelings of anxiety, fear and stress, or worse. If this sounds all too familiar, do not despair. Diefer Law Group can help.
As experts in Chapter 7 bankruptcy law, our attorneys will carefully explain how bankruptcy protection can help provide debt relief and enable a financial fresh start by discharging (or canceling) debts. Debts that are generally dischargeable can include unsecured debts such as credit cards, personal loans, medical bills, certain lawsuits, and even some taxes. After the bankruptcy proceeding is filed, creditors generally may not seek to collect their debts (or portions thereof), which are generally permanently canceled so our clients never have to repay them. What’s more, bankruptcy laws often include guidelines aimed at helping to ensure that certain assets—such as one’s home, retirement accounts, automobiles and, in some cases, even funds on hand or in bank accounts—can be retained.
For more information please call our office and ask to speak to one of Diefer’s bankruptcy attorneys.