The adage rings true: pride goes before a fall. We work for much of our lives and try to save money in order to live comfortably, but life has a way of giving us too many challenges to overcome. Illness, accidents, and downturns in the economy may contribute to loss of income, and sometimes you may feel too proud to ask for help. If you leave things be and hope your situation can correct itself, you might find your financial problems worsen. There is no shame in admitting that you need help getting back on your feet, and it's understandable to admit that the thought of filing for bankruptcy is scary.
Free Bankruptcy Filing, Bankruptcy Attorney Denver, Bankruptcy Lawyer Atlanta,
Some of us may liken bankruptcy to a scarlet letter that doesn't wash away - a giant B for "Broke" on our chests that everybody will see. Therefore, it comes as no surprise that people are reluctant to file for bankruptcy or at the very least seek advice on doing so. One thing you should know, if you are in such a situation where bills have mounted and you have no money to pay, is that filing for bankruptcy doesn't mark the end of your life or career opportunities. You can rise above this and work to get back into good financial standing, but you must first determine if filing is the right thing for you to do.
Here are a few questions you may wish to ask yourself, and you may see an answer come to you.
1) How far in debt are you? If the money you owe numbers in the low four figures, and there is a possibility that you can borrow from friends and family willing to help, bankruptcy may be avoided. It's important to first determine exactly how much you owe and to whom. If that total is might higher - in the tens of thousands or more - you may wish to consult with an attorney.
2) Do you have assets that can be liquidated? One concern about personal bankruptcy is the fear of losing a home, or a car. One needs a car to get to work in order to earn money, and with this taken away it threatens this source of income. Typically when you file, however, you may retain many of your personal belongings and be assigned a reasonable payment schedule to relieve your debts. If other items you have sold to satisfy debts aren't enough, it may be time to talk with a lawyer.
Meeting an attorney, however, doesn't necessarily bind you to filing. After a consultation, you can determine if filing is the right thing for you to do. Assess your debts and assets, and work to relieve your debts.
Is Bankruptcy Right For You? Talk to Bankruptcy Attorneys Free and Confidential. Licensed bankruptcy attorneys are available. Attorneys will call you to discuss your case for free. Find out if bankruptcy is right for your situation.
Rating of Sacramento Bankruptcy Lawyers
Get Online Application at online Bankruptcy Lawyer.
0 comments:
Post a Comment