You got yourself into this mess. Shouldn’t you be the one to get yourself out it?
In most cases being a “responsible” person is a good thing. But when it comes to bankruptcy, this approach can honestly cause you more trouble than you deserve.
If this is how you’re feeling, you’re making your creditors VERY happy.
Truth: Working with creditors is harder than you think. (Those calls you receive every day are just the tip of the iceberg when it comes to how unpleasant working with them can really be.)
Most of our clients have tried repeatedly to work out settlement offers with their creditors…with little success. The fact of the matter is that your creditors want you to stay in debt to them! They want to collect interest. They want fees to pile up. And as we mentioned before your creditors are NOT your friends.
Plus, nobody bothers to mention the tax ramifications of settling your debts. Whatever debt your creditors let you out of can actually be considered taxable income to you! If you’re struggling to pay your taxes now, settling with creditors can actually make that problem worse.
Sometimes being “responsible” means asking someone for help.
If you’re ready to learn the truth about your options so you can make an educated decision, please set up a consultation.
Please visit our website for more information about us and bankruptcy. Call us today at (713) 974-1151 to schedule a no-obligation consultation or feel free to email us at Consumerlaw@busby-lee.com Visit me on the web