Bankruptcy is a somewhat sensitive subject. Filing for bankruptcy can be complex and filing should be carefully thought out and timed. For this, working with a bankruptcy lawyer is vital. There are several reasons to hire a bankruptcy attorney in Raleigh, North Carolina.
Raleigh, North Carolina – In a recent announcement, Berggren Law Offices, PLLC talked about some of the reasons people hire a bankruptcy attorney. The team described it as a smart decision that can save an individual from a wide range of problems. Bankruptcy can:
● Stop repossessions
● Stop creditor harassment
● Stop chases
● Stop garnishments
● Catch up on your mortgage
● Catch up on car payments
● Reduced car payments
● Eliminate old taxes
● Pay recent taxes over a period of 5 years
The team first mentioned some of the reasons why a person should hire a Raleigh Bankruptcy Lawyer, including ensuring that the correct bankruptcy chapter is considered based on a person’s individual circumstances. Berggren Law Offices, PLLC explained that a bankruptcy lawyer can help a person decide between Chapter 7 and Chapter 13. If Chapter 7 is considered, a Raleigh bankruptcy attorney can ensure a client retains their assets by claiming the appropriate exemptions. If a Chapter 13 is considered, a Raleigh bankruptcy attorney can work to ensure that the client’s Chapter 13 plan provides for the lowest possible payment while meeting the client’s goals.
Filing for bankruptcy is nothing to be ashamed of. Whether it’s a chapter 7 bankruptcy or any other form of bankruptcy, filing is sometimes required. Setbacks in life happen to all of us, whether through illness, job loss, divorce, or simply overwork while trying to maintain a lifestyle in these uncertain times. . Bankruptcy is often the most effective way to get back on track.
While bankruptcy filings are currently on the decline due to government support and moratoriums, in Raleigh, North Carolina, statistics show filing for bankruptcy is still quite common. For example, Wake County has approximately 27 bankruptcies per 10,000 residents and is among the highest in North Carolina. Inflation and real estate values are constantly rising. While a sluggish economy keeps wages from keeping up. This environment will result in a dramatic increase in the number of bankruptcy filings. In such a difficult environment, consulting a qualified bankruptcy attorney will become even more important.
About Berggren Law Offices, PLLC
William G. Berggren’s experience includes working on some of the most complex corporate bankruptcies for some of the nation’s largest bankruptcy filings to the simplest individual filings. Berggren Law Offices, PLLC offers free consultations to learn more about filing for bankruptcy and has over 30 years of experience providing clients with effective legal representation.
Company Name: Berggren Law Firms, LLC
Contact: William Berggren
E-mail: Send an email
Call: (919) 875-8773
Address:4000 Blue Ridge Road, Suite 150
State: CN 27612
Country: United States