Sometimes its best to ask yourself some simple questions:

What if you could possibly eliminate your debt without permanently damaging your credit? What if you were given a chance to have a fresh financial start? Bankruptcy may not be the right decision for you, but you owe it to yourself to become educated about all of your options so that you can make an informed decision.

First, assess your financial situation.

Take a close look at your current financial situation. We know this is often a stressful thing to undertake but IT IS VERY IMPORTANT. Perhaps the best way to approach this may be to gather all of your bills and financial information and make an appointment. An experienced attorney can help alleviate the stress of going through this process alone, and they will help you understand your options. Sometimes it’s important to hear from an experienced professional that things may not be as bad as you think.

Ask yourself:

Are you in debt with what appears to be little prospect of getting out of that debt in the near future?

Are you in fear of your creditors or are they threatening foreclosure on your home, or repossession of your car or other legal action that may result in you losing your property?

Has your income dramatically dropped and you don’t see it improving any time soon?

Are you frequently not paying certain bills or making late payments?

Do you only pay the minimum payment on your credit cards? Or, Are you unable to make even the minimum payments?

Do you find yourself giving up basic necessities trying to make ends meet?

Are you paying out more money than you bring home just to pay your monthly bills?

Are you losing sleep wondering how you’re going to make it?

Are you bouncing checks, or have you bounced more than two checks in one month’s time?

Is your paycheck currently, or in jeopardy of, being garnished by a creditor?

Are you partially or totally disabled making it difficult to meet your financial obligations?

Are you the process of a divorce that may result in a decrease of income and an increase in your debts or monthly expenses?

If you answered yes to any these questions its important that you investigate your options right away. Talk to a qualified bankruptcy attorney. Don’t continue to struggle along all the while worrying that your creditors are going to take further action. We understand that all of the collection calls, late fees, penalties, mounting interest, and sleepless nights make keeping your head above water seem almost impossible. Make an appointment for a FREE no obligation consultation right now.

Written by: Rebecca Kidd