The (Very Real) Benefits After Filing Bankruptcy - Steinkamp & Associates (2024)

These benefits may include:

  • No longer be considered a debtor, as bankruptcy is your way out of debt.

  • Stop garnishments, sheriff sales, and all other collection activities.

  • Stop creditors who have been harassing you.

  • Eliminate most, if not all, of a person’s unsecured debt including medical bills.

  • Eliminate most, if not all of the debt listed on your credit report.

  • Stop IRS and other tax authorities from taking action against you and your assets.

  • End harassing telephone calls.

  • Stop real estate foreclosures.

  • Stop vehicle repossessions.

  • Rebuild credit after filing.

  • Obtain new credit cards after filing, and use those cards to enhance your credit score.

  • Continue to support your family.

  • Stop pending lawsuits against you.

  • Have a fresh start to a healthier financial future.

  • Enjoy a smooth process from the filing of your bankruptcy petition through the issuance of your discharge.

  • Start saving money for retirement.

  • Budget your current expenses effectively

  • Keep any alimony payments owed to you.

  • Take advantage of bankruptcy regulations meant for protecting your assets and income.

  • Receive excellent legal service before and after filing.

  • Avoid having to attend a trial in court.

The (Very Real) Benefits After Filing Bankruptcy - Steinkamp & Associates (2024)
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