Benefits of Bankruptcy

Benefits of Bankruptcy in Arkansas

Learn how filing for bankruptcy can help you!

Have horror stories from friends and family members regarding bankruptcy stopped you from filing? While filing for bankruptcy isn't for everyone, it can be of great benefit to those who are drowning in debt. At DeLoache Law Office, our Jonesboro bankruptcy lawyer understands how frustrating and overwhelming being in debt can be, which is why we strive to help everyone who seeks our firm's assistance.

We are prepared to help you throughout the entire bankruptcy process—from filling out and filing the correct paperwork to representing you in bankruptcy court, if necessary. With our firm, you can rest assured we work for the best outcome possible for your bankruptcy case.

Why should you file for bankruptcy?

Did you know that once you file for bankruptcy, there is an automatic stay placed on your account and most creditors have to stop contacting you? This is one of the many benefits of filing for bankruptcy. If you hire a bankruptcy attorney to help you during your case, they can handle all remaining creditor calls on your behalf, so you do not feel harassed or bombarded. The entire bankruptcy process is also fairly quick—about a year—compared to other cases the judicial system addresses. This means that you can start to rebuild your credit and life within a reasonable timeframe instead of struggling for years.

While filing for bankruptcy may damage your credit for a certain amount of years, there are great credit restoration methods available. You will also get relief from dealing with harassing letters, calls, and lawsuits from creditors that can often be even more stressful. Filing for bankruptcy allows you to once again regain peace and rebuild your life with a clean line of credit. Certain forms of bankruptcy, such as Chapter 13, allow you to keep your property and make smaller, approved payments to your creditors.

Let Us Help You File for Bankruptcy

Do not file for bankruptcy without a lawyer's assistance and risk getting denied. Contact DeLoache Law Office today to learn how we are here to help you start a new, debt-free life. We offer free, no-obligation consultations, taking all the pressure off of you during the process. We can discuss all viable options with you, as well as the potential outcomes for each option. Filing for bankruptcy is scary— but you don't have to do it alone. Our Arkansas bankruptcy firm is here to help you throughout the entire process.

We proudly serve the areas of Jonesboro, West Memphis, Paragould, Blytheville and surrounding cities in all bankruptcy matters.

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