How can bankruptcy help?

Bankruptcy can help in a myriad of ways.  One, it’s going to eliminate a serious amount of stress in your life.  No one likes to see a pile of debt that they cannot pay and wonder how they are going to pay it.  Second and maybe the most obvious reason is it’s going to eliminate all your debt whether in a complete fresh start bankruptcy in a Chapter 7 bankruptcy during a four-month period.  Or in a 3 to 5 year repayment plan through a Chapter 13 bankruptcy.  You will be debt free at the end of your bankruptcy.
Also, it’s going to allow you to catch up on your home.  If you have fallen behind on several mortgage payments due to an illness or a job loss, but you are now back to work and you can catch up by paying the mortgage plus a little extra every month.  You are going to be able to protect your assets and keep your house which you have worked so hard to save.
Bankruptcy will also help you if you owe payments to the government.  What of the main reasons people file Chapter 13 bankruptcy is for parking tickets.  People get seriously far behind on parking tickets, has several tickets and they often get their license suspended or a boot put on their car or their car towed and a Chapter 13 bankruptcy can allow you to force the government into a repayment plan to where you can get your car back right away; get the boot off your car.