What Are the Benefits of Filing for Bankruptcy?

What Are the Benefits of Filing for Bankruptcy?

Learn more from our Memphis, Tennessee lawyer

Believe it or not, filing for bankruptcy can be a positive experience. Here are a few benefits to consider:

  1. You'll stop creditor harassment. Are you dealing with phone calls or threatening letters? Bankruptcy will put an end to aggressive lender tactics.
  2. Filing Bankruptcy can give you a jumpstart on rebuilding your credit. Doesnt ruin your credit, as most people assume. 
  3. You'll keep your retirement. During your Chapter 7 or Chapter 13 bankruptcy, your 401k pension and other tax-deferred retirement accounts will be safe from creditors.

Get Bankruptcy Assistance from an experienced lawyer

If you want to learn more about filing for bankruptcy in Memphis, TN, contact The Law Office Of Jonathan Garrett. Our attorney will provide you with the smart solutions you need. Call 901-323-3200 to schedule a free consultation at our law firm.