There are times when debt is so overwhelming that dealing with creditors and negotiating settlements with debt collection agencies simply can’t take care of the problem. When that’s the case, bankruptcy filing may be an option to consider, since a bankruptcy discharge could potentially wipe out your debt.
Although filing for bankruptcy is a major step, it doesn’t have to be stigmatizing. The truth is, the U.S. Bankruptcy Code has been in place for well over 100 years, and is designed to help Americans gain a fresh start. In 1934, the Supreme Court wrote about the purpose of the bankruptcy law: “It gives to the honest but unfortunate debtor…a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting debt.”
There are two types of bankruptcy that apply to consumers. Which would you like to learn about?
If you have been the victim of harassment or illegal or unfair debt collection practices, contact the Fair Debt Attorneys at Lemberg & Associates immediately to discuss your options and protect your rights. When you owe creditors money, you are protected by the Fair Debt Collection Practices Act, as well as other federal and state laws. If a debt collector has violated your rights, you may be entitled to up to $1000 in damages, and they may even have to pay your attorney fees. Sergei Lemberg, and the attorneys at Lemberg & Associates have helped countless people to assert their legal rights with debt collectors. Don't be intimidated by illegal debt collection practices. For more information, contact Lemberg & Associates today at .