Having a large amount of debt is undeniably overwhelming, and if you are among the many Americans who are finding themselves in this position, know that you are not alone. Medical bills often have the capacity to catapult even the most financially responsible people into uncomfortable situations, and the discomfort can be amplified by debt collectors who rely on aggressive methods to try and collect on your debts.
Perhaps the only thing harder than facing bankruptcy is facing divorce along with it. What are you to do when your savings account ends the same time as your marriage does? Does it make a difference which event you handle first?
If you are in over your head financially and struggling to make ends meet in Louisiana, you may be tired of wondering if you are going to lose your house and cars. You may find yourself wondering if debt relief/consolidation is a better option for you than bankruptcy. Although both options can improve your situation, you should take a hard look at your situation to determine the answer.
When debt becomes smothering and overwhelming, calls from creditors haunt your dreams and you cannot see a way out of the financial situation you are in, bankruptcy can provide hope for a brighter financial future, no matter where you start.
If you are considering filing for bankruptcy, you may be dealing with enormous stress. For many people in the Alexandria, LA, area, the ability to continue working and functioning ranks among top concerns.
Filing for Chapter 13 bankruptcy may be the better choice for your situation, but it still involves a complex process. Part of the procedure is meeting with the trustee, which is called a 341 meeting or hearing.