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Filing For Bankruptcy Helped A Missouri Woman Keep Her Home


In an article featured on USA Bankruptcy Guide, a website designed to be a resource for people who are considering filing for bankruptcy, Tammy from Missouri wrote about how she filed for Chapter 7 bankruptcy in February 2005 after realizing that she had fallen into debt and was at risk of losing her house.


One of the most common misconceptions about bankruptcy is that individuals who file for it will lose their valuable possessions, including their car, household goods and even their home. However, the truth is that the purpose of bankruptcy is to give people a fresh start, and as such, there are laws in place that enable them to keep their assets.

In an article featured on USA Bankruptcy Guide, a website designed to be a resource for people who are considering filing for bankruptcy, Tammy from Missouri wrote about how she filed for Chapter 7 bankruptcy in February 2005, after realizing that she had fallen into debt and was at risk of losing her house.

Tammy was afraid that everyone would know that she filed for bankruptcy, but knew it was something that she needed to do to ensure that her son had a home to grow up in. To her surprise, the process was much more private and less difficult than she had imagined. Without bill collectors calling her on a daily basis, she was able to focus on making the mortgage payments for her house.

Now, years later, Tammy's credit continues to improve, and she currently owns a home, two vehicles and a miniature horse farm.

“Although a difficult decision at the time, filing bankruptcy was an excellent decision and in the long term, had a positive impact on my life,” wrote Tammy.

At Atlas Law Firm, we can help you determine the cost of filing for bankruptcy and answer any additional questions you may have. We offer free, confidential discussions and allow our clients to enroll in payment plans that can help them better afford the cost of our essential service.

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