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Bankruptcy can help you regain financial stability if you lose your job


In an article featured on USA Bankruptcy Guide, an online resource for people who are considering filing for bankruptcy, Roy from Florida shared his story about how bankruptcy helped him get back on his feet after he was laid off.


Sometimes, no matter how good you are at managing your finances, an unexpected event can occur, leaving you struggling to make ends meet. Over the past several years, many people in the United States have lost their jobs due to the Great Recession. In these cases, it can be difficult to find employment again, and as such, it becomes easy to fall behind on one's debts.

In an article featured on USA Bankruptcy Guide, an online resource for people who are considering filing for bankruptcy, Roy from Florida shared his story about how bankruptcy helped him get back on his feet after he was laid off.

Roy took two low-paying jobs so that he could pay his bills, but even that wasn't enough to stay on top of monthly payments. After speaking with a handful of consolidation companies and concluding that the offers they made him would be more expensive in the long run, Roy decided to file for bankruptcy.

To his delight, Roy was able to keep his car and has been able to stay out of debt for more than six years after his filing.

“Honestly, this was the best decision I have made in my life. I knew that I was headed for a future of collection calls, denials due to a bad credit score, and living off a life of money orders and payday loans,” Roy wrote. “I would recommend bankruptcy to anyone who has tried without success to manage their finances. It could be just the fresh start you need.”

If you're struggling to pay your bills, you owe it to yourself to explore the options available to you. To begin your road to financial recovery, contact Atlas Law Firm, a Twin Cities bankruptcy law firm, today. Our experts can advise you on the steps to take to secure a filing and help you through this process.

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