Making clear decisions during tough times can be nearly impossible. Turning to friends, family or advisors can help you regain your focus and help you choose the best alternative. Unfortunately, there is no perfect timing for divorce, however if you also plan to file for bankruptcy, you should be extra cautious with your timing. Below you will find some information that can lead you on the correct path during a stressful time.
The United States Courts provides excellent information regarding Chapter 13 bankruptcy on their website, such as the perks that come with filing Chapter 13 and an overview of the process. For some people in Tampa and throughout Florida, Chapter 13 bankruptcy is the best way to reduce debt and finally find a fresh financial start. However, it is very important for anyone who is thinking about filing for Chapter 13 or moving forward with any other debt relief strategy to closely analyze their situation and identify the proper course of action before getting started.
At the law offices of Timothy J. Sierra, we know that bankruptcy can seem like a huge step for most people. After all, declaring bankruptcy can have long term and lasting implications. We know that no one in the Tampa area wants to be in a position wherein he or she has to consider bankruptcy, but unfortunately, it is necessary for some individuals in order to get out of debt.
People in Tampa come from all walks of life. Although everyone is different, there are some things that almost everyone has in common. One of those things is debt. Whether it’s credit card debt, medical debt, or student loan debt, just about everyone owes money to a creditor. Debt can be very debilitating, but it can be especially difficult if you don’t even realize how much you have.
Life has a way of throwing people for a loop. At Timothy J. Sierra, we know that things don’t always go as planned. Even though you make the best plans and do everything you can to see those plans through, unforeseen problems can arise, including problems that can wreak havoc on your financial affairs. We know that just about anyone in the Tampa area can end up in financial turmoil, which can even lead to bankruptcy.
If you are considering bankruptcy, then that means you find yourself in a tough financial situation. Although bankruptcy is generally considered a negative, there are some positives that can come from filing for Chapter 7 or Chapter 13 bankruptcy. Many people in the Tampa area wonder, however, if they can still pick up the pieces and start rebuilding their credit quickly, after filing for bankruptcy.