FilingBankruptcyNow.Com to be of assistance to thousands of Americans in 2012

Jan. 17, 2012 - PRLog -- Orange County, California, January 17, 2012 - Over the past year, FilingBankruptcyNow.Com has continued to monitor the rate of Americans filing for bankruptcy. In 2011, the US Bankruptcy Court reported a slight drop in bankruptcy filings during the first half of the year and then it went flat until the end. Many economists are predicting that 2012 will be a huge year for bankruptcy filing. FilingBankruptcyNow.Com will continue to monitor the trends and news regarding bankruptcy and report it on the website. There is been much concern in the area of real estate foreclosure as one of the real estate tracking agencies reported that there were currently close to 20 million homes in default or in danger of being default. With many Americans having a tough time making ends meet, sometimes the best solution is to bite the bullet and file for bankruptcy. Most Americans were raised to pay their debts and have a tough time making the decision about filing bankruptcy. Sometimes debt problems can be handled by debt settlement or budgeting, but the only way one can truly find out is consulting a bankruptcy attorney to get a professional opinion.

While no one really wants to file for bankruptcy, sometimes it becomes inevitable and FilingBankruptcyNow.Com has positioned itself to be right there to help. In the past, filing Chapter 7 bankruptcy used to be much simpler, but since the changes to the bankruptcy code in 2005 there is a new added complexity that really only should be conquered with the help of a bankruptcy attorney. With so many Americans suffering crippling debt problems these days, FilingBankruptcyNow.Com wanted to have a program that would be easy to use. FBN combined legal experience with technology to come up with a platform that would ensure the highest level of customer service. With many companies online no longer having a telephone number on their website to contact a real person, Filing Bankruptcy Now wanted to be different and make sure that they had live person contact for those who wanted to call. For those individuals who don't want to talk to anyone, there is a simple form on the website that will allow FilingBankruptcyNow.Com to direct it to the proper professional and have them return the call promptly to the client. All consultations with a bankruptcy attorney are free and will help an individual that is buried under a mountain of debt make an educated decision on filing bankruptcy.

With the New Year here, many Americans are faced with the dilemma of what to do with their debt problems. There are many advertised solutions for debt problems, but only a few that work well. FBN has professionals that review an individual’s situation making sure they are placed with the proper professional for a consultation. When it comes to personal debt problems, there are only three good debt elimination programs that work well. First, is filing Chapter 7 bankruptcy. Filing Chapter 7 allows an individual with a large amount of unsecured debt to wipe it out in a bankruptcy discharge. To file Chapter 7 bankruptcy an individual must qualify and should discuss it with a bankruptcy attorney. Next, is the lesser-known chapter of bankruptcy, Chapter 13. Filing Chapter 13 bankruptcy is king for an individual that doesn't want to lose any property and just needs a timeout to reset their finances. When an individual files Chapter 13, they and their bankruptcy attorney will have to come up with a feasible repayment plan that will last 3 to 5 years. This is a great way to get caught up on back payments and possibly negotiate down some of your credit balances. Lastly, is debt settlement. Debt settlement is best for people that don't have a lot of debt, but the interest is eating them up. When a bankruptcy attorney believes that a person shouldn't file bankruptcy, they usually will refer them to one of these programs.

http://www.FilingBankruptcyNow.Com is poised to help thousands of Americans in 2012 do something about their debt problems and help them get a jump start to becoming debt-free.

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We believe that filing bankruptcy should not be a last resort when an individual is faced with debilitating debt. When facing unpayable debt an individual should immediately seek the advice of a bankruptcy attorney before the creditors take legal action.