Asset Protection Assistance In Plymouth, MA
When dealing with debt collectors, the last thing you want to do is have to turn over your most valuable assets. Losing your assets can be one of the most humiliating situations you will ever have to go to. Here at Benner & Weinkauf P.C., we will work tirelessly to provide you asset protection against any debt collector that comes calling. No matter how much money you owe, we believe that you should retain possession of the things you call your own. Just because you got behind on payments, doesn’t mean that your life’s work becomes null and void. Together we will work to find the best possible option that works for you. More times than not, filing bankruptcy can be a viable solution to prevent turning over your home, car, or other valuables.
Taking Your Assets To Recoup Losses
For the IRS or other tax service to consider deciding against repossession of your assets, they would need a good reason. Most of the time, that reason will lie in your financial hardships. If they are given good reason to believe that you are unable to pay back the amount in full, they will likely seek to settle the amount in a certain amount of time. Whether it’s a settlement, declaring bankruptcy, or a mixture of the two, there is always a solution that can fit your financial means. If you have a large amount of valuable assets, however, they’re likely going to look to recoup their losses by taking over and subsequently selling off some of your valuables. That’s why it’s so important to seek out the help of legal professionals with experience in the asset protection industry.
How We Can Help
Even if you have a lot of assets on the table, you’ll be happy to hear that some are exempt altogether. Assets like your retirement plan, clothing, and a certain amount of home equity are protected under federal bankruptcy laws that have been established for reasons just like this. They won’t be taking the shirt off your back literally or metaphorically any time soon, as long as you act to settle the amount in a smart manner. Individuals would use asset protection services as a more efficient way to take care of their overall financial wellbeing. By using our services, the creditors will have limited access to what types of assets they can attempt to repossess.
The important thing is to let the debt collectors know where you stand. Whether it’s the IRS, the bank, or a local government agency, they will work with legal representatives to find the best course of action to recoup their debts. Here at Benner & Weinkauf, we will use our nearly two decades of experience to get our clients back on track. Your assets mean the world to you, that much we understand. That’s why you need to be proactive in choosing the organization to take care of your asset protection. In addition to making sure that your possessions can stay in their rightful place, we can work to find a permanent solution to your debt problems. To find out more about how we can help protect your assets, give us a call today. We’ll be standing by to help.