Bexar County Credit Card Debt Help
Many people struggling with debt refuse to consider bankruptcy as an alternative, not wanting to categorize themselves as “desperate” or “financially irresponsible.”
— But bankruptcy is no longer taboo:
The right to bankruptcy relief is granted by the U.S. Constitution. In 2009 alone, more than one million people filed for bankruptcy in the United States. It is not an easy way out. It does not indicate that the debtor is financially irresponsible. The need for Bankruptcy is usually occasioned by one of five factors:
- Cost of Health Care
- Increased Add-On Credit Card expenses
- Court Money Judgments
More than anything, bankruptcy offers a debtor the chance to make a fresh financial start.
If you are considering bankruptcy, it is important to learn all you can about your options, the bankruptcy process and life after bankruptcy. The lawyers of Rosenbaum Law Offices (now Davis Law Firm) in San Antonio will take the time to answer your questions and help you make informed decisions about your financial future. Contact our law office to schedule a confidential and free consultation.
The History of Bankruptcy
The U.S. has come a long way since debtor prisons were common in the 1800s. Although bankruptcy laws have evolved since they were first passed, they have existed in the United States since 1800.
Bankers and creditors have used the concept of bankruptcy to their own advantage, placing fear in the minds of debtors. Many of these misconceptions have permeated our society, making the general public fearful and critical of bankruptcy. Unfortunately, many let these fears stand in the way of achieving debt relief in a fast and effective way.
Find out more about these bankruptcy topics of interest:
- Chapter 7 bankruptcy
- Chapter 13 bankruptcy for consumers
- Small business Chapter 13 bankruptcy
- Automatic stay
- Stop creditor harassment
- Mortgages and secured debts
- Credit card debt
- The effects of bankruptcy
If you are dealing with overwhelming amounts of debt, you owe it to yourself to learn as much about bankruptcy as possible. At Rosenbaum Law Offices (now Davis Law Firm), we provide you with honest and accurate information about your financial situation and debt relief options. Contact us today to find out more.