According to the latest data published by the US Courts, the total number of bankruptcy filings has declined by almost 7% over the past 12 months, but the hard figures are still quite high to say in the least:
- Each year, there are roughly 26,000 business-related bankruptcies.
- On average, our nation’s courts process more than 790,000 private bankruptcies per annum.
- The vast majority of filings are cataloged as Chapter 7, with over 510,000 per year.
In light of these findings, your local bankruptcy lawyers in Brick, NJ play an unmistakably critical role nowadays, but many people don’t understand precisely how these quick-witted advocates can help.
Regaining a Sense of Normalcy and Eluding Financial Ruin
If you happen to be one of the millions of American families that have more than $30,000 in high-interest credit card debt, or if your personal income stream has been eclipsed by an exorbitant mortgage, student loan, or any other kind of fiscal liability, your neighborhood bankruptcy lawyers can help you recapture control by doing the following:
- Immediately halt foreclosure efforts from lenders and governmental agencies.
- Eliminate any federal or state-based wage garnishments and allow you to obtain full paychecks.
- Resolve all preexisting levies on your bank accounts.
- Facilitate arbitrations and meetings with your creditors to reduce interest fees and the total value of your debt.
- Assist with trustee lawsuits when applicable.
- Formulate a comprehensive fiscal strategy to get ahead of any forthcoming dues.
Thus, if you happen to be inundated with what seems to be an insurmountable scenario, you have to kick it high in gear and head over to your local bankruptcy lawyers straightaway.
Cost-Effective Support Tailored to Fit Your Needs
Contrary to popular belief, visiting a team of bankruptcy lawyers does not mean you are throwing in the towel or surrendering to your debt. It’s actually the most practical course of action you can take.
So feel free to visit our official website to take the first steps towards a brighter, debt-free future.
