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Bankruptcy: Once Frowned Upon – Now a Helpful Option for Troubled Homeowners
Bankruptcy: Once Frowned Upon – Now a Helpful Option for Troubled Homeowners
Law Group Provides Assistance to At-Risk Homeowners During Tough Economic Times
Bradenton,
FL,
United States of America
(prbd.net)
08/03/2011
Bradenton, Fl - Filing for bankruptcy has always held the stigma of failure. However, times have changed and it is important to realize the bankruptcy can be a helpful tool in getting yourself back on your feet. The current economic situation has forced many families into economic hardship, suddenly finding that they can no longer keep up with the cost of living. Many people think of bankruptcy as a way to get rid of their debt but it is also a way to keep a house that is headed towards foreclosure. The Jodat Law Group has experience helping at-risk homeowners navigate the laws around foreclosure and bankruptcy.
When you file for bankruptcy, new options become available to you instead of just trying to get through a mountain of debt and dealing with creditors on your own. For instance, the amount of money that you are behind due to missed mortgage payments can be put into a plan and can be paid back over a period of years, interest free. If you are upside down on a property, meaning you owe more than the property is currently worth, it may better to surrender the property in bankruptcy than to try for a short sale where you may face substantial tax liability.
Also at Jodat Law Group, in addition to handling your bankruptcy we will protect your rights against unlawful actions by creditors. If creditors continue to contact you after they have been informed that you have hired us as your attorneys, this is considered harassment and we will seek financial compensation for you. We have experience with creditor harassment cases and have proven success in obtaining compensation for our clients.
If you are suffering due to economic hardship or creditor harassment, we’re here to help. Contact Jodat Law Group now for your free, no obligation, initial consultation. With sixteen years of experience, our attorneys are well-qualified to help you get back on your feet. Call us today at (877) 216-8489.
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Law Group Provides Assistance to At-Risk Homeowners During Tough Economic Times
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