In today’s uncertain economic times, more people are having trouble making a living than ever before. There are many factors that contribute to this including massive lay-offs, stagnant wages, increasing prices, and trouble finding meaningful employment as jobs become more scarce. This can lead to a drastic reduction in income. A person is sometimes forced to decide between paying the rent and buying food. If children are involved in a stressful situation like this, it can be even more overwhelming. Creditors are trying different tactics to get money from people that people simply don’t have. There are reputable Bankruptcy Attorney Tallassee, AL that can help a person that wants to make a clean start in life.
Getting harassing phone calls at work, receiving threatening letters from lenders in the mail, and even showing up at a person’s place of employment are actions some unethical lenders will take to make a person sign an agreement or give them money they don’t have. A qualified Bankruptcy Attorney Tallassee, AL can stop all of this form happening along with garnishment of wages and repossession of assets.
Article 1, Section 8 of the United States Constitution gives Congress the authority to pass bankruptcy laws that are fair and uniform in nature. The procedural aspects of bankruptcy are governed by the Federal Rules of Bankruptcy Procedure. The local rules of each bankruptcy court also figure into how a bankruptcy case is carried out. A good Bankruptcy Attorney Tallassee, AL will educate his client on all the steps involved in the bankruptcy process. He will file all the paperwork and tell his client when certain dates are coming up that you need to be aware of.
A good Bankruptcy Attorney Tallassee, AL will be able to tell you about the three main chapters of the bankruptcy code: Chapter 7, Chapter 11, and Chapter 13. After you have an initial consultation with this lawyer, you can both decide if this legal status is right for you. There is no shame in making a fresh start in life. Many people do this so they can have brighter financial futures.
