When you file for bankruptcy, you have to think carefully about how it will impact your finances. For many people, filing for bankruptcy helps immensely because it does away with a lot of the debts that are crushing them. Sometimes, the best thing that you can do is wipe the slate clean and turn over a new financial leaf.
As income tax season approaches, some people who have debts might be interested in paying them off using a refund they expect to receive. One thing to remember is that your creditors can't force you to pay anything from your taxes to them. These are private debts that don't lead to the creditor garnishing your tax return. However, they can get a court order that puts a levy on the bank account where you have the direct deposit routed.
We know that you might be counting on that money to handle bills or take care of expenses. We can help you come up with a plan for getting out of the debt. When bankruptcy is the answer, we can help you file your case and work to ensure that you know your responsibilities in the matter.
There are many things that happen when you file for bankruptcy protection. One of these is that creditors can't contact you to try to collect money. This benefit alone might be well worth the bankruptcy since you will be able to answer your phone and check your mail without worrying that it will be a collection attempt. If you are interested in the benefits of bankruptcy, we are here to help you get started.