Bankruptcy. There, we said it. It’s not an easy word to let out. Often, we have a stigma against bankruptcy procedures. Whether we decry it as a ‘tool of the rich’ to avoid paying debts or simply as the ‘cowards way out’ there is a reason that we have this option available to us. Throughout life there are times when circumstances outside of our control or conception affect our ability to be an upstanding citizen and make payments on our debts and bills. That’s OK. That’s right – it’s OK. Don’t abuse this blessing in disguise and you’ll find yourself breathing easier.
Bankruptcy Helps with Future Credit
This one seems like a real stretch – by filing bankruptcy you help your future-self gain access to better financing opportunities. While there certainly will be a hit to your credit, after successfully completing bankruptcy and waiting out the mandatory time periods you will be freer and better off than if you had simply ran late on all your bills and payments (or defaulted).
Consolidating Your Necessities
As you begin to shed all the sorts of debts and obligations that overextended yourself once the ‘good times’ ended, you’ll find yourself able to focus only on what matters and what you truly need. This is important – too often we find ourselves relying on certain physical comforts that we cannot imagine ourselves living without even if they are preventing us from succeeding financially. Bankruptcy will protect your most vital assets from seizure while forgiving some of your more extraneous debts.
Peace of Mind
By putting a stay on all your debts and asset forfeiture you can finally begin to put your life back together. The idea that you will finally be able to breathe again and not worry about the constant barrage of letters and phone calls about your outstanding debts or physical assets (cars, house, etc) being seized is an unspoken blessing. You’ll be able to plan out your return to financial solvency without the anxiety-inducing rat race of collections agents, debt management ‘specialists’, or irate creditors.
While there are more specific benefits to bankruptcy in each individuals case, these are just some of the more general benefits people can see from filing bankruptcy. However, before considering such an important and far-reaching option it is best that you speak with a trained, professional such as an attorney to best determine what options are best for you.
Most people make one of two mistakes when they think of a personal injury attorney. One, that personal injury lawyers are only useful for car accidents or hospitalization. This is not true. Second, that obtaining a personal injury attorney would either hurt their case or cause issues with their employer. That is also not true. Particularly in regards to the second mistake, it is imperative that you have representation by an expert before you begin negotiating any workers compensation settlement or lawsuit. No one will have your best interests at heart except for your attorney because they are solely there to represent you and your position. Below we have included some examples of workplace accidents or injuries you might overlook:
Straining or spraining yourself
Overexertion of yourself is a simple and common way to hurt yourself. If this occurs on the job and often enough as a result of your employment you will want to consult with an attorney to make sure you are being compensated fairly. This could be the result of too much strenuous movement.
While this may seem obvious, dealing with the consequences of these types of injuries is not. There are degrees that you can lose function or ability with these types of injuries and it’s important you speak with someone to help you determine what may be available to you. This can be caused by constant exposure to loud noises or bright lights without proper PPE (personal protective equipment).
Often we are told to simply “brush off” after a slip, fall, or scrape. However, depending on the workplace and it’s cleanliness or proximity to caustic substances we may be in more danger than we even know. Addressing infections or sicknesses that arise from improper handling of scrapes or bruises is important and you may be able to receive compensation from your insurance or company.
Overall, there are multitudes of things that constitute an injury. What you should be asking yourself is whether or not you are due compensation for your medical bills, treatment, or damages sustained in the process. The best way to ensure you are not missing out on due compensation is to speak with a personal injury lawyer about your conditions. Otherwise, you very well may be leaving money that is rightfully yours on the table – something that should never happen.