A new year brings with it a sense of optimism, a concept of new beginnings that inspires positivity and hope for the year to come. For many, it also represents the opportunity for a fresh start, a chance to free ourselves from the burdens that we might be carrying with us so that we can move forward into the coming year unencumbered. Beyond the metaphorical implications of this idea, the New Year can also offer be the perfect time to free ourselves from the burdens imposed by unmanageable debt for any who might find themselves struggling with such a situation.
Although there are different paths that can be pursued through the bankruptcy process, they all share a common theme of offering relief to the person filing. Regardless of whether you may be dealing with credit card debt, medical bills or even missed payments on a home or car, there are options available through bankruptcy that can offer reassurance and assistance.
The single biggest source of relief that exists in bankruptcy is the bankruptcy discharge – which is the process by which your obligations on the debts being resolved through the bankruptcy are completely and permanently eliminated. Receiving this discharge can serve as an immense relief and also offers us a fresh start with regard to creditors and debts. Although bankruptcy can serve as an excellent resource year-round, timing a filing to correspond with the beginning of the New Year can enhance the feeling of new beginning that we all experience at the genesis of the coming year.
Another substantial source of relief that exists in the bankruptcy process is the automatic stay – which is the court imposed protection created by bankruptcy that, among other things, prevent creditors from billing you, calling you or otherwise attempting to collect against you during the bankruptcy process. What better time to permanently bid farewell to creditors and the collections process than at the beginning of a New Year! Let the protections created by the automatic stay be the instrument through which you are liberated from the burdens and anxiety created by unmanageable debts as you move forward into a new year and a new beginning.
CALL NOW FOR A FREE STRATEGY SESSION FROM AN MN BANKRUPTCY LAWYER AT LIFEBACK LAW FIRM
Bankruptcy can grant tremendous relief through the many tools that it offers to protect us from the burdens associated with overwhelming debt. If you are currently dealing with these burdens and wish to look forward towards the new year with a fresh start and all the hope and optimism offered through a new beginning, bankruptcy may be the perfect place to begin this new journey. So, when the time is right, or when you are ready, please don’t hesitate to reach out to Minnesota’s most kind and helpful bankruptcy law firm by going now to www.lifebacklaw.com.
