Bankruptcy is a legal process whereby an individual or business attempts to either eliminate debt or reorganize their debt so they may move forward with a "fresh start."
A common misconception is that bankruptcy is a "bad thing," this is not true. Bankruptcy does not have the same negative personal connotations it did in the past, especially with the way the economy has been over the past few years. Bankruptcy laws provide guidelines which allows a complete debt discharge to be an option and a reality for thousands of people. When you find yourself drowning in debt and struggling to pay your bills bankruptcy is usually the best option to face the problem head on, get a fresh start, stop creditor harassment, and start your life after bankruptcy.
The Washington Law Firm represents the legal rights of those involved in bankruptcy issues in the Central Florida Area. For a free consultation, please call 407-982-4130.