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West Palm Beach Divorce Attorney > Blog > Bankruptcy > Understanding the Basics of Bankruptcy

Understanding the Basics of Bankruptcy

Bankruptcy law

If you talk to people who have filed for bankruptcy before, they’ll tell you that they did all they could to avoid filing. However, life sometimes doesn’t work out the way we think it should. They’ll say they cut back on their expenses in correlation with their income. They’ll tell you their meals have been simplified to save. If you see yourself making similar moves, chances are you’re in the same place. Fortunately, bankruptcy is not a bad thing, and it doesn’t have to define your life or your financial future. Bankruptcy is an opportunity to understand what works and what does not. At Bruce S. Rosenwater & Associates, we believe that our bankruptcy law firm in West Palm Beach is a significant ally during such trying and challenging times.

Understanding what Bankruptcy Does Not Handle

To most people’s dismay, there are a few elements that bankruptcy doesn’t handle, including student loans, government debts, taxes, alimony, or purchases that occurred before filing. The professionals at Bruce S. Rosenwater & Associates can help you navigate these unchartered waters.

Creditors Will Stop Harassing

The biggest benefit of filing for bankruptcy is that creditors are required, by law, to stop calling and sending dunning letters for collections. This can take a significant amount of pressure off you and your family, as it’s often the endless phone calls and reminders that can make the process of debt so unbearable. It would be easier to handle these kinds of stressful situations by calling our office for a consultation.

Let Us Help

If you’re on the fence about hiring a bankruptcy law firm, now is the time to say yes. Bankruptcy is challenging, and there are many aspects to it that the average individual doesn’t know or understand. We know exactly how to assist you. Additionally, we bring significant peace of mind with knowledge and understanding of what bankruptcy entails.

At Bruce S. Rosenwater & Associates, we’re proud to be one of South Florida’s leading firms, and we can help get you back to financial stability. To have any questions answered by one of our law experts, call us at (561) 320-8219 today.

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