
03/05/2025
Claiming Bankruptcy: Legal Options for You
Claiming bankruptcy is the legal procedure whereby an individual or an organization declares that it does not have sufficient funds to pay off its debts. This happens mostly because of layoffs, illnesses, accidents or other large unexpected expenses. Filing for bankruptcy is not an easy decision. You are expected to claim bankruptcy only when you are absolutely sure that you will not be able to pay your debts ever again, and that your financial circumstances are such that your home and other assets are in danger of being taken away from you.
The good news is that you can avail several options in the legal process of claiming bankruptcy. It’s always a good idea to hire a bankruptcy attorney to represent you in the legal proceedings to save yourself from unnecessary stress. The Bankruptcy Law Office of Richard A. Check, S.C. can help you understand the entire legal process, assist you to correctly fill out necessary forms and explain to you all the technical jargon in simple terms. Our attorneys will also be able to protect you from creditors’ persisting phone calls and associated harassment.
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