Financial difficulties stem from many different situations. Many people think that bankruptcy is the result of being irresponsible with your money, but the deep debt might have stemmed from an unexpected medical crisis that took away your ability to work for a while. We understand that you don't necessarily want to file for bankruptcy but that you might have to just to get back on your feet.
There are several different things that you should remember when you are considering filing for this financial relief. One of these is that you aren't taking the easy way out. Instead, you will have specific responsibilities. You will also have to work to build your credit back up after the bankruptcy is done. We know this is a frightening time for you, but we are here to answer your questions about the process so that you might feel a bit better about what is going on.
Another point that is important in these cases is that you must choose the correct chapter of bankruptcy. There are two primary personal chapters: Chapter 7 and Chapter 13. In a Chapter 7, you won't have to make payments on the debt balance, but your assets will be liquidated. In a Chapter 13, you won't have to liquidate as many assets, but you will have to make regular payments on the balance.
We can help you review both to determine which might be the best option for your needs. Once you know, you can get the process moving forward so that you have the financial relief you need as quickly as possible.