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Almost everyone would like to begin a new year with a clean slate, but debts that can't be repaid can make it difficult to get a fresh start. Despite all of your best intentions, if you don't have enough to make minimum payments or if you see the balance of your debts growing every month, filing for bankruptcy may represent your best opportunity for a new beginning.

According to Greene Law, PC, a bankruptcy attorney serving clients throughout Connecticut, filing for bankruptcy allows those who qualify to eliminate almost all unsecured debt, including credit cards, medical bills, repossessed vehicle fees and more. Being freed from those burdensome debts can give you breathing room to get your finances back on track, create space in your budget to catch up on secured debts, and start rebuilding your credit history.

filing for bankruptcyIn addition to discharging most unsecured debt, filing for bankruptcy also triggers an automatic stay, which puts an immediate stop to all collections activities, including phone calls, repossession, and even lawsuits and wage garnishments. In many cases, a bankruptcy petition is the only way to reclaim your life from the constant pressure of debt collectors.

Although filing for bankruptcy is the best way to get the new year off on the right foot, you shouldn't undertake the process alone. The laws governing eligibility are complex, and even honest mistakes can jeopardize or delay the debt relief you desperately need. A skilled bankruptcy attorney can guide you through the process and ensure you get all of the benefits to which you're entitled.

Greene Law, PC's lawyers take great pride in the consistently high quality of their services and the individualized attention they provide for each client. If you resolved to get your finances in order this year, visit their website now or call (860) 676-1336 to discuss filing for bankruptcy today.

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