Every month you make minimum payments and make no headway.\u00a0 You want to retire but can\u2019t because you owe too much on credit cards.\u00a0 You used to be able to afford to make payments on your car and all of your credit cards but something happened like a reduction of hours at work, or a layoff, or you got divorced, or you or someone you love got sick, you got audited by the IRS or for some other reason the IRS is coming after you.<\/p>\n
Every month I speak to people who need to file a Chapter 7 Bankruptcy but don\u2019t want to because they think it\u2019s not for them.\u00a0 They tell me, \u201cI could never file a bankruptcy, I pay my debts.\u201d\u00a0 Very few people want to file bankruptcy but sometimes it is the best choice.\u00a0 If your income qualifies the bankruptcy rules then chapter 7 bankruptcy will wipe out or discharge most all debts.\u00a0 There are things like new taxes, and student loans that do not go away.\u00a0 But, you might be surprised all of the debts that can be wiped out.<\/p>\n
If you are being sued by your credit cards, medical bills, your car lender after a repossession, or even worse if they have a judgment and are taking money from your paychecks or bank accounts it is time to file for bankruptcy protection.<\/p>\n
A bankruptcy takes about 4 months from start to finish and can really be helpful.\u00a0 Upon filing a case your creditors receive an order from the court to stop all collection activity mentioned above like lawsuits, taking money from your wages, or even telephone calls and letters.<\/p>\n
Call for a free consultation to discuss your bankruptcy options.<\/p>\n","protected":false},"excerpt":{"rendered":"
Every month you make minimum payments and make no headway.\u00a0 You want to retire but can\u2019t because you owe too much on credit cards.\u00a0 You used to be able to afford to make payments on your car and all of your credit cards but something happened like a reduction of hours at work, or a Read more about I owe too much money and can\u2019t pay<\/span>[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/desertbk.com\/index.php?rest_route=\/wp\/v2\/posts\/53"}],"collection":[{"href":"https:\/\/desertbk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/desertbk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/desertbk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/desertbk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53"}],"version-history":[{"count":1,"href":"https:\/\/desertbk.com\/index.php?rest_route=\/wp\/v2\/posts\/53\/revisions"}],"predecessor-version":[{"id":58,"href":"https:\/\/desertbk.com\/index.php?rest_route=\/wp\/v2\/posts\/53\/revisions\/58"}],"wp:attachment":[{"href":"https:\/\/desertbk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/desertbk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/desertbk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}