Financial problems can do more than just damage the credit of a Pennsylvania resident. They can disrupt one's life with the constant collection calls and cause the individual to lose sleep worrying about how to resolve the current dilemma. Many find that filing for Chapter 7 bankruptcy protection is actually more of a relief than an additional burden.
At first, it may seem like the end of the world. Bills have piled up, and there appears to be no end in sight. Yet, this is far from the truth. Many Pennsylvania residents quickly discover that filing for Chapter 7 bankruptcy protection actually allows them to start over again.
As the bills continue to arrive, decisions regarding which ones to pay must be made. Depending upon circumstances, the Pennsylvania resident must decide between either paying the mortgage or buying groceries. Sometimes the decision is whether to pay the car note or buy gas. When the debt burden becomes too much and one must make these kinds of decisions, relief can often be found through Chapter 7 bankruptcy.
Sometimes a fresh start is what is needed. For a variety of reasons, the bills have piled up, creditors are calling and the Pennsylvania resident simply cannot figure out how to make ends meet. Rather than struggling under the mound of debt, filing for Chapter 7 bankruptcy may be the solution.
Filing Chapter 7 bankruptcy is an important, life-changing decision. However, other choices must be made as part of your debt discharge, one important one being what debts to discharge and what loans to reaffirm.