When a person is faced with a difficult financial situation, bankruptcy assistance in Martinsburg WV may be a viable option. Some people find themselves overwhelmed with unsecured debt, repossession, wage garnishments, and other consequences. This can happen to anyone, and when it does, it can be hard to make sense of it all. Hiring a bankruptcy lawyer can make the process easier and more manageable.
When a client has financial problems, it can keep them from enjoying everything life has to offer and lead to additional angst and personal stress. A person in a financial bind may consider bankruptcy as a way to get rid of debt and gain a fresh start.
Clients with a high debt load may be able to get Chapter 7 bankruptcy assistance in Martinsburg WV, which can protect assets like homes and vehicles. Many people turn to bankruptcy as a last resort when they fall behind on mortgage and car payments or when they endure a medical emergency or sudden unemployment. An attorney with the Sherman Law Firm can help a client determine whether they pass the means test, which determines which bankruptcy type is used in a particular situation.
Why People File for Bankruptcy
Before a person files for bankruptcy protection, they should consider their reasons for doing so. If a potential client’s financial situation includes any of the following, it may be time to file.
1. High unsecured debt payments
2. Lawsuits, prior judgments, accounts in collections, and wage garnishments
3. High bills from extended hospital stays, emergency treatments, and rehabilitation
4. Extended unemployment and the bills that come with it
5. Difficulty in making house, loan, and car payments
If a client has any of these problems and can’t pay their debts, it may be time for them to call a local bankruptcy attorney for help. A lawyer can discuss clients’ options and recommend steps that can help debtors protect their assets, keep their homes, and get out of debt. With help from a nearby bankruptcy lawyer, clients can get out from under a mountain of debt and start living the life they really want to live. Click here for more information.