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Call Us At 719-900-3792

Helping You Map A Route Through Life's Journey

At What Point Should I Consider Bankruptcy?

On Behalf of | Aug 7, 2012 | Uncategorized

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Bankruptcy is often viewed as a last ditch effort to protect yourself financially and while everyone would like to believe that it will never affect them, the reality is that more than 1.5 million people in the United States will file for personal bankruptcy protection in 2012.  If your bank balances are negative at the end of each month, if creditors are threatening to sue you, or if you see your situation getting worse instead of better, call for a consultation so that you can make informed decisions as you move forward.

             About 25% of the clients who call our office are looking for a solution to their debt problems but do not believe that bankruptcy is for someone in their position.  They think that because they are employed, have good credit and/or own real and personal property that they would not benefit from or even qualify for bankruptcy.  The majority of the time they are wrong!If you are struggling each month to make ends meet, bankruptcy might be the right solution for you.  It is definitely the right time to sit down and discuss your options with an experienced bankruptcy attorney.  All too often, we meet potential bankruptcy clients who have tried “everything else” before calling our office for help and in the process have put themselves in a much worse position than they would have been in if they had sought professional advice earlier.The attorneys at the Family Law Group can help guide you through the bankruptcy process and answer any questions you may have in your specific case. The Family Law Group is here to help you map a route through your life’s journey.-Amber* This is not considered legal advice, and the legal system constantly changes.  If you want current and accurate legal advice, please contact our office and arrange to speak with an attorney.  719-687-2328