If you're struggling to meet your everyday financial responsibilities and are also falling behind in debt, it may be time to get professional help. Many people don't fully understand how bad their finances are until it's too late. If you're struggling with your finances, it may be time to consider bankruptcy. Chapter 7 bankruptcy is one type that may be a good option, depending on your situation. Take a look at the following information to better understand the benefits to Chapter 7 bankruptcy. 

Put a Stop to Creditor Calls

If you're sick of creditors interrupting family dinners and calling at odd hours of the day, Chapter 7 bankruptcy may be able to help. Once you file for this type of bankruptcy, it's illegal for creditors to continue to call your home and office. If you don't file, they may continue to call and ask for payment at their own accord.

This Process Takes Less Time

In most cases, individuals want to get on with their life as soon as possible. It can be stressful worrying about financial troubles for months or years on end. By filing for Chapter 7 bankruptcy, you can complete the process in as little as a few months. Other types may take years. This can allow you to get a fresh start more quickly.

Most Unsecured Debts Are Eliminated

Do you have a ton of credit card debt? This is an example of an unsecured debt. With the Chapter 7 bankruptcy process, you won't be creating a payment plan to eliminate these debts slowly. Instead, almost all of your unsecured debts will likely be completely eliminated. This can make it easier for you to start with a clean slate because you won't be paying these debts off for many years to come. 

Less Legal Fees

In most cases, the legal fees are a lot less when filing for this type of bankruptcy. Not only is the paperwork process usually a lot easier, but you likely won't have to hire an attorney for years on end, like other types. Instead, you can spend less on legal help so that you can use your money to get the fresh start that you've always wanted.

As you can see, this may be a good option to consider. It's important that you first speak with a bankruptcy attorney to better understand your financial situation and options. Contact an attorney like one from Rafool, Bourne, & Shelby, P.C. today to schedule a consultation.