Groce & DeArmon offers legal aid to help clients file for bankruptcy. This can alleviate the pressure of debt or help a debtor keep his house from being foreclosed on or his car from being repossessed. Debt intimidates, frightens and embarrasses many debtors, but there are resources out there to help debtors understand their situations. If a debtor sees his or her debt rising, there are a few courses of action one can take, along with contacting an attorney at Groce & DeArmon. Below, we summarize and explain the importance of resources helpful to debtors.
A Few Groce & DeArmon Resources
Access to Chapter 13 Cases
We at Groce & DeArmon encourage debtors filing for bankruptcy to consider using the NDC’s website to track their Chapter 13 cases. This database gives quick access to the case and helps keep the bankruptcy process manageable and transparent. It tracks payment history and remaining balances. The NDC grants debtors access to the information of their cases at no charge.
Banks check credit reports before deciding whether to refinance houses or to give loans. Landlords also check credit reports, so it’s important that debtors understand their credit score and what it means. Getting a credit report helps debtors see what payments have adversely affected their credit scores. Debtors should also obtain credit reports to ensure they are not victims of identity theft and that their credit history is correct. Groce & DeArmon suggest debtors consider getting a free credit report check to better understand their situation.
Credit Counseling And Financial Management
Overwhelming amounts of debt can leave debtors feeling unsure of what to do. Credit counseling provides a good first step toward fighting debt. Once they find a trustworthy credit counselor that they’re comfortable with, debtors should trust and be honest with their credit counselor. If debtors are forthcoming about their debt, credit counseling can be an extremely positive and helpful experience. Many reputable credit counselors create money management plans with debtors. They can also provide training on improving debtors’ money management skills. Groce & DeArmon urge debtors to try this credit counselor or to search for another counselor approved by the U.S. Trustee.
Groce & DeArmon Is Here to Help
Sometimes these resources are not enough for a debtor to pull himself out from under debt. Groce & DeArmon understands the difficulties of debt, and we provide legal aid to help with repossession, bankruptcy, and foreclosure. Do not hesitate to contact us today. Take charge of your life and battle your debt today.