Why Is Legal Aid Important For Debtors?
If you are currently in debt and struggling to pay off your debt, it is important for you to know that there are people who would like to help you get out of debt. Debt is a lingering weight on the shoulders of many Americans, and while it may seem impossible for you to get out from under that weight, there are people who can help you do just that.
However, for those people to begin helping, you have to seek out legal aid first. In today’s blog post, Groce & DeArmon, P.C. will look at why legal representation and aid is important for people who are in debt and how they can help you get out of debt.
Recognizing The Problem
The first step in getting rid of your debt is realizing the severity of your dilemma. Even as you are working hard to get out of debt, you might just not have the means to do so. However, the longer you wait on seeking consultation, the bigger the hole will be when you finally do. Even if you aren’t sure if you need legal aid for your debt problem, it’s important to recognize the potential problem and at least get an opinion from a debt lawyer like Groce & DeArmon.
An option from a legal professional will help you see through the weeds and understand how dire your situation is. It may very well not be dire enough for you to need legal aid, but if it is, it is important to get out in front of the problem.
You might consult with an attorney and be told that your situation doesn’t merit legal aid. However, if it does require some sort of legal help, it’s important to get that legal help as soon as possible. When it comes to things like repossession and foreclosure, you might not have an abundance of time as you sort out those issues.
Again, getting out ahead of these things is important and can be the difference between you keeping your home or vehicle or losing them. Legal counsel can play a major role in that process.
How Does Legal Aid Help?
The experts at Groce & DeArmon, P.C. specialize in debt, repossession, and foreclosure cases, so we know firsthand how important legal counsel can be with these issues. If you are facing debt and are looking at having your assets repossessed or having your home foreclosed on, legal aid may be able to prevent that.
If you file for Chapter 13 or 7 bankruptcy, an automatic stay will be put on all debt-related actions. In simpler terms, it will ensure that your home and vehicles aren’t repossessed or foreclosed on until the bankruptcy process is complete.
Contact Groce & DeArmon, P.C. For A Consultation
Debt, repossession, and foreclosure are stressful and complicated. At Groce & DeArmon, we want to help make that process easier for you, so you can find the best financial solution possible. Give us a call today at (417) 862-3706 or contact us online for more information.