Medford Bankruptcy Lawyer
Klamath Falls & Medford Debt Relief Representation Backed by 21 Years
of Experience
If you are drowning in debt, the situation can become overwhelming.
You may be facing:
-
Creditor harassment from debt collectors
- Be at risk for lawsuits
- Wage garnishment
- Repossession
- And even foreclosure
This can lead to worry, stress, sleepless nights, and not knowing where
to turn or what to do to remedy the situation. Many people put off tackling
the problem out of embarrassment about their financial situation.
Yet this situation can arise for a number of reasons, from job loss to
unpredicted medical expenses, an expensive divorce, and uneducated financial planning.
Getting help is critical if you wish to restore your peace of mind and
build a better future. While the decision to file for bankruptcy should
never be taken lightly, for some it may be the most viable and best solution
when all other tactics have failed.
When Should You Call a Bankruptcy Attorney?
At
Oakes Law Office, PC, we have concentrated a large portion of our practice on counseling and
representing clients in bankruptcy options.
It is likely time to take action if your debt situation has become so dangerous
that you are facing potential legal action from:
- Creditors
- Debt collection agencies
- Loan companies
- Mortgage companies
- And more
Bankruptcy may be the solution that keeps your losses to a minimum, eliminates
consumer debt, and gives you a fresh start.
How Bankruptcy Can Help
When you file for a
Chapter 7 or a
Chapter 13 bankruptcy, the court immediately issues an “automatic stay”
that prohibits your creditors from making any further attempts to collect
from you. This stops threatening phone calls, letters, texts, and potential lawsuits.
Depending on the circumstances of your situation, such as whether you are
facing a potential foreclosure, wage garnishment, or other legal action,
a bankruptcy filing may provide the following benefits:
-
Foreclosure. You may be able to stop a foreclosure and, through the bankruptcy action,
pay back any arrearages while maintaining your mortgage payments going forward.
-
Repossessions. If you are being threatened with or have already lost your vehicle, you
may be able to stop repossession or recover your vehicle.
-
Medical/dental bills. If you have accumulated these due to an unpredicted illness or injury,
you may be able to reduce or eliminate them.
-
Credit harassment. This is stopped by the automatic stay including unscrupulous, unfair,
and abusive tactics from debt collectors that you may have suffered.
-
Utilities. You may not have been able to pay for these services when overburdened
with debt. You may be able to have these services restored through a bankruptcy filing.
-
Wage garnishment. If you have been threatened with or have already had wages garnished,
you may be able to stop or end this practice with Chapter 7 or 13 filing.
-
Student loans. Bankruptcy does not usually eliminate these debts but you may be able
to reduce or consolidate to make future payment less burdensome.
Overburdened by runaway debt? Contact Oakes Law Office, PC online
or at (541) 204-2037
to arrange for a free, initial consultation.
