The decision to file for bankruptcy is often one of the hardest choices that a person has to make in his or her lifetime. Poor planning can often make the process even harder. It goes without saying that filing for bankruptcy should be a last resort, and should only be done when all other methods of satisfying one’s financial obligations have been exhausted. However, if your situation has become so severe that you are in danger of foreclosure, garnished wages or repossessions, or are facing debts that you are in no position to pay; putting off the inevitable can have devastating consequences. Procrastination can cost you your car, your wages, and even your home. Filing your case in a timely fashion can spare you these losses.

  • If you are close to foreclosure on your home, declaring bankruptcy may stop this from going forward and even create a payment structure that will help you pay off your arrears.

  • Bankruptcy may cause your car or other property to be given back to you if they have been repossessed by a creditor.

  • Large medical bills combined with a loss of employment, or on their own can create a nearly impossible financial hole to climb out of. Bankruptcy can help you in this situation and possibly reduce or even wipe away your medical bills.

  • Bankruptcy can stop harassing creditors from turning up on your doorstep, especially if they are being unfairly pushy or unreasonable or are fraudulently trying to take more than you owe.

  • If your utilities have been shut off, bankruptcy will help restore these so you do not have to live in darkness.

  • Although your student loans will not disappear, bankruptcy may help you to consolidate those debts and pay them off in a reasonable timeframe.

  • Bankruptcy will end wage garnishment, which means you will be able to afford life’s necessities.

  • Bankruptcy can also help a struggling business reorganize its debts, discharge its debt and allow it to continue in operation during difficult times.


You may have more than one of these issues overlapping in your life and bankruptcy may be the best and most logical way to start your financial life over. Contact the Law Office of R. Deno Cole for a free consultation today. Let us help you determine if filing Bankruptcy is the right solution for you.

A Message from Mr. Cole:

            “I almost exclusively represent debtors, focusing my bankruptcy practice primarily on Chapter 7 cases.  In my experience representing debtors in bankruptcy, I have found that the cause of the bankruptcy was from a major, life-changing event, such as divorce, death in the family, loss of employment, or serious health issues.  Rarely does the reasons for filing bankruptcy come from frivolous spending or poor life choices. When I consult with a potential bankruptcy client, I make it clear that the goal is to turn back the “wolves at the door” (the debt collectors) and to be put back in a manageable financial position. You can only receive a discharge in bankruptcy once every eight years and I hope that my services can place you on a track that never requires you to have to file bankruptcy again.
            Bankruptcy law changed dramatically in favor of banks and credit card companies when Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA).  I will help guide you jump through the multiple hoops that the BAPCPA requires of a debtor in bankruptcy.”