Bankruptcy success stories: Overcoming the fear of filing
If you’re looking to start this process in Minnesota today, contact Atlas Law Firm. We can pair you with a Minnesota bankruptcy lawyer who can help you overcome your fears so that your finances are no longer a source of frustration.
When bankruptcy filings are done correctly, they have the power to help average Americans begin the path toward financial stability, stopping calls from creditors and halting the often vicious cycle of debt. However, despite the benefits, many individuals are scared to file due to the misconceptions that they hear about the process from friends, relatives and the media.
USA Bankruptcy Guide, an online resource for those looking for bankruptcy information, published the story of Kerri from Massachusetts, who desperately wanted to avoid the stigma that typically surrounds a protective filing.
After consulting her boyfriend and her father, she made the decision to seek protection. Even then, she still had questions about the fee for bankruptcy given her financial situation. However, her bankruptcy attorney was able to work out a payment plan that helped her secure this beneficial financial tool and the advice she needed to execute it correctly.
Working with her bankruptcy professional, Kerri determined that a Chapter 7 bankruptcy was the right decision for her. Her bankruptcy law firm helped her overcome her fear every step of the way, contacting her when documents weren't received and preparing her for her 341 meeting.
Together with her bankruptcy lawyer, Kerri was able to get through the meeting, answering the required yes-or-no questions and speaking with her bankruptcy trustee to confirm the protection of her assets.
“The lawyer was in attendance and was supportive when I was asked questions from both trustees,” she wrote on the source website.
Six months from the date of her filing, Kerri received notice that her debt was discharged. With this renewed financial freedom, she says she is now able to save money and says she no longer has to deal with her fear of money issues.
If you're looking to start the bankruptcy process in Minnesota today, contact The Atlas Law Firm. We can pair you with a Minnesota bankruptcy lawyer who can help you overcome your fears so that your finances are no longer a source of frustration.