By: Darrell Castle

Merriam-Webster defines a “mistake” as a “a wrong judgement.”

Raise your hand if you’ve made a “wrong judgement” before. My hand is raised.

Sometimes we make a simple mistake like forgetting to put the toilet seat down. That mistake doesn’t really damage anything (right, guys?).

But other times, mistakes can be costly. Especially when it’s a financial mistake.

Maybe you made a bad investment. Maybe you gambled and lost…bad. Maybe you bought a car out of your price range — or a house.

Mistakes — both big and small — are a part of life. We can either learn from them and better ourselves. Or we can let them control us.

What bankruptcy can do for your financial mistakes

Financial mistakes unfortunately don’t just go away on their own. When you make these mistakes and fall behind on your bills, you’re forced to deal with interest rates and creditors. You have debt you’re going to have to handle one way or another.

If you could erase that mistake by just paying your debt off, then you would. But when you can’t, bankruptcy provides relief.

By filing for bankruptcy, you can discharge your debt straight up through a Chapter 7. Or you can lump your debt into an AFFORDABLE 3-5 year repayment plan through a Chapter 13. Both chapters come with their own requirements and qualifications that a bankruptcy attorney can help you with.

Then once the bankruptcy is complete, you have a fresh start! Your mistake is erased. You don’t have to live with it anymore.

And then the learning part kicks in. You have a clean slate to rebuild your finances the right way. Programs like “7 Steps to a 720” can teach you how to re-establish and rebuild your credit score to an A+ rating after your bankruptcy.

Our Memphis bankruptcy attorneys can help

For decades, Darrell Castle & Associates has helped Memphians get out of debt and on to a better life. We’re detailed, informative and really care. We get results, and our clients will tell you that.

We want to help you get your fresh start. And we want to help you after your bankruptcy by providing “7 Steps to a 720” to you for free.

Want a free bankruptcy consultation?

If you’re struggling with debt you can’t pay, then our free bankruptcy consultation is perfect for you.

Call (901) 327-2100 today to schedule your appointment. Or contact us online.