When you carry too much debt, it can make you feel weighted down. At Arnold Law Offices in Pell City, AL, their bankruptcy lawyers know how stressful debt can be, and they work hard to help relieve these financial burdens. Filing bankruptcy petitions is one way they aid individuals— here, they offer a few examples of times when they recommend filing for bankruptcy.

Bankruptcy is a last-ditch choice, but Chapter 7 or Chapter 13 bankruptcy is often the best solution to relieve your debt burden in the following situations:

• Unsecured Debt: If you have large credit card debts, unsecured loans to repay, or owe major medical and hospital bills, Chapter 7 bankruptcy may be right for you. The law allows full discharge of these debts.
• Home Foreclosure: If your home is going into foreclosure, filing bankruptcy will stop it. Bankruptcy lawyers recommend Chapter 13 bankruptcy for clients with steady income who want to continue making mortgage payments to keep their home.
• Long-Term Or Permanent Disability: If you have large debts and are unable to work for six months or more, bankruptcy may be your best solution. But, if your disability is due to an on-the-job injury, a car accident, or other personal injury, talk to a personal injury attorney and a bankruptcy lawyer about claims for financial compensation before filing a bankruptcy petition.   

At Arnold Law Offices, their lawyers explore every avenue with you to help you make wise debt relief decisions. These personal injury and bankruptcy lawyers care about your finances and your peace of mind, and they use their experience and resources to work out your debt problems from all angles. To find out the best way to relieve your heavy debt load, talk to a bankruptcy lawyer at Arnold Law Offices in Pell City, AL. Call (205) 338-6565 for your consultation appointment, visit their website, and like them on Facebook.