Bankruptcy laws can provide a way to a different and better future
At some point or another, a significant percentage of residents in and around the Fort Lauderdale area will experience financial hardships. For example dealing with a job loss, medical emergency or accumulating student loans can quickly lead to the accrual of thousands of dollars in debt. In cases where an individual struggles to make monthly payments or is only able to make minimum monthly payments, it’s important to consider possible debt-remedy options.
The legal professionals at Nowack & Olson, PLLC understand that it’s stressful to be in debt and that individuals who are struggling with unmanageable amounts of debt may feel hopeless and like they are trapped in a vicious cycle of debt. For more than 15 years, our lawyers have helped thousands of people overcome their debt problems.
Depending on an individual’s specific situation, our lawyers will work to assess one’s case to determine if it makes sense to file for bankruptcy and, if so, which type. Our lawyers handle Chapter 7 and Chapter 13 bankruptcy cases and, depending on one’s income and ability to repay debts, both can be effective in helping an individual regain control over his or her personal finances and life.
Anyone can fall on bad times and when, no matter how hard an individual tries, he or she cannot get ahead or make a dent in paying off mounting debts, it’s important to reach out for help. Bankruptcy laws exist for a reason and the protections afforded under these laws are intended to help individuals start fresh.