Bankruptcy Basics

Bankruptcy Basics

Consumer debt, foreclosures, national debt, unemployment and inflation are all on the rise. The only thing that seems to be falling right now is income.

Debt has become a serious epidemic in the United States. Millions of Americans are burdened with inescapable amounts of debt, usually with no way out. With the increase in consumer debt, creditors are becoming harsher and using more aggressive tactics against debtors who owe them money, such as with wage garnishments, bank levies, repossessions, tax intercepts, and license suspensions. Frequently, due to creditors selling the debt to others, debtors do not even know who owns it. And a shocking number of debt buyers obtain judgments through fraudulent means so debtors do not even know about it until it’s too late. With the constant hounding of credit collection companies, people plagued with debt are often stressed, anxious, frustrated, overwhelmed and even on the verge of a breakdown.

If you are suffering from the stress of financial debt, Attorney Rob R. Nichols can provide you with legal options to alleviate your burden. There are a number of reasons individuals fall into debt, whether it be an illness, sudden job loss, death, divorce, or natural disaster. Most people are hardworking individuals who would repay their debt in full if they could.

If you are suffering from debt and financial hardships, no matter the reason, the most important thing to remember is that you have legal options, and that your situation is not hopeless. Attorney Rob R. Nichols can take the right legal actions to improve your financial situation, and help get you back on track.

Call Attorney Rob R. Nichols today!