There’s no doubt about it, today’s economy is a difficult one. Many Americans, regardless of income level or type of employment, are struggling to make ends meet and unfortunately, something unexpected like an illness or loss of a job can lead to financial catastrophe. Although it isn’t something that most people like to consider, filing for bankruptcy is sometimes the most responsible path to take. If filing for either Chapter 7 or Chapter 13 bankruptcy is right for a person, and a court agrees with that assessment, it can be a second chance at a prosperous financial future. However, it does not come without a price, and only a knowledgeable attorney can evaluate your situation and decide what course of action is in your best interest. If you’re considering the benefits of Bankruptcy in Wichita, KS, take the time to meet with Attorney Philip L. Weiser, and find out whether or not it is truly the best solution for you. Before you decide whether or not to file for Bankruptcy in Wichita, KS, it’s important to realize that bankruptcy is not a one size fits all solution to financial woes. The effects of a bankruptcy will stay on your credit report for up to 7 years, and will likely impact your ability to do things such as apply for a loan, rent a new apartment, finance a home, or go back to school. In terms of building credit, it will be necessary for you to start all over again. However, if your credit has been impacted to such a point that your score is suffering each month, and you’ve accumulated more debt than you’ll ever be able to pay back, you’ll need a little more than a debt consolidation program to help you get back on your feet. It is at that point when bankruptcy becomes beneficial, instead of a mistake that may hold you back.
If worries over mounting debt, collection calls, and even the threats of litigation are keeping you up at night, you may be a wonderful candidate for Bankruptcy in Wichita, KS. Call today to learn more, and to move forward with a skilled, experienced attorney on your side.