Before filing bankruptcy, you may ask yourself, “What will my life be like after I file?”
The answer is simple: Peaceful.
When you file bankruptcy, the calls from your creditors will stop, the collection attempts will cease, and your property will no longer be subject to the sketchy grab law tactics that creditors use to collect their debts. You can no longer be sued for the debts included in your bankruptcy, and your real and personal property will be protected as part of your bankruptcy estate.
Furthermore, many people believe that after you file bankruptcy, it is impossible to get any sort of credit for quite some time. However, each year, thousands of people in Augusta discover the exact opposite to be true. In fact, it is not uncommon for people to purchase houses, cars, or even receive student loans while they are still in bankruptcy! Bankruptcy is not the problem, it is the solution, and by making the important decision to restart financially, many lenders will recognize your effort and your path to a fresh financial start will be realized.