Cleaning Up My Finances

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Cleaning Up My Finances

About six months ago, I could tell that I needed help. It seemed like no matter how hard I tried, I couldn't get my finances in order. I was spending way more than I earned each and every month, and it was absolutely devastating to my pocketbook. One day, I realized that all of my credit cards were maxed out, and that I was past due on my rent. I knew that I was going to get kicked out of my apartment for not paying, and so I started exploring the possibility of borrowing money from a lender. Long story short, my credit was in terrible condition, and I ended up declaring bankruptcy to make things right. Check out this blog to learn more about cleaning up your finances.


How Filing Chapter 13 Bankruptcy Law Can Benefit You

Living in a sea of debt is enough to make anyone feel like they don't know what to do. The bills come in like clockwork and no matter how hard you work it starts to feel like you will never get ahead. What if there was a solution that was so close that you just couldn't put your finger on it? Filing for bankruptcy can help you start fresh and get into a position that propels you ahead. Keep reading to see how Chapter 13 bankruptcy can benefit you.

One Bill Makes Life Easier

When your debts pile up it can feel almost impossible to get ahead. The bills won't stop and as soon as you pay one invoice it seems like there is another to take its place. You try to juggle the expenses but if you have a bustling career or a family to care for it's hard to find the time to really pay attention to it. You need a lifeline and Chapter 13 bankruptcy could be the floatation device that you've been searching for.

Chapter 13 bankruptcy allows you to consolidate your debts into one monthly payment. No more paying this bill on that date and paying another at a different time. The court trustee can set up a specific date for you to pay a single sum of money that is allotted to all of your debts. It's so much easier to keep track of one due date as opposed to remembering multiple dates that tend to get lost in the daily stream of life.

Keep What Matters To You

Some people hesitate to file bankruptcy because they are worried about losing their house or car. This is a very valid concern because no one wants to be in a position where they are unable to maintain the very basics of life.

The best part of filing for Chapter 13 bankruptcy is you could be able to maintain possession of your housing and transportation. The cost of your mortgage and car loan will be factored into the monthly fee so you can keep going with your daily life without missing a beat.

There is no reason for you to suffer under the weight of the kinds of debt that you're unable to fulfill. Talk with a bankruptcy lawyer and learn your options so you can get back on your feet and find your financial footing once again. Visit websites like to learn more.