Nevada Legal Blog

Bankruptcy Relief

When most people mention bankruptcy relief they are referring to the Automatic Stay in which the automatic stay prevents creditors from being able to sue and harass the debtor. However, this is only the legal aspect. What is often overlooked is the relief that the debtor experiences because they are addressing their financial problems.

Bankruptcy is typically a last resort for most bankruptcy filers. They have looked everywhere for money, drained their retirement account, used payday loans, and maxed out their credit cards. They are up late at night wondering if they should pay the mortgage or the power bill. Wondering if they will have the money after buying food to cover their meds. They have suffered mentally for a long time because they do not know what they are going to do.

The reason I enjoy practicing bankruptcy law is because I am able to show debtors an option of what they can do. There is a plan so they don’t have to stay up at night worrying about finances. They have a resolution to the question of “Should we pay the mortgage or let the house go?” Bankruptcy provides real relief, with real benefits that the Debtor notices just from meeting with an attorney.

If you are wondering if you should file for bankruptcy or just don’t know what to do with all of your debt, contact my office for a free consultation. You will be able to see what options you have and share some of the burden you have been carrying around. That is the real “bankruptcy relief”.