Why Do I Need a Lawyer When I Can Just Stop Paying My Bills?

April 30th, 2009 by admin

A friend who had just lost his job recently told me was overwhelmed with debt. He had just started a new job, but the pay was too low to allow him to pay his bills, so he was planning to ignore them. The first thing I told him was to find a good Chapter 13 lawyer. I also explained how damaging it would be to let his credit cards and loans charge off. Not only would those records follow him for a long time, but collection attempts might continue for years. When he heard that, he found an attorney who helped him create a repayment plan.  With new, affordable payments, my friend is now making financial progress.

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