For most people, contemplating bankruptcy is something that they never thought they would ever end up doing. But an axiom of life is that it is not always fair, and sometimes bad things can happen to good people. A sudden job loss, or a catastrophic illness or injury and consequent hospital bills, do not always telegraph their approach.
Once your bills start outpacing your income and savings, coping with them can quickly become overwhelming. You might think of it as facing off against a wolf pack: they don’t line up and come at you one at a time, but they surround and swarm you instead. And although creditors seldom coordinate their efforts, the basic effect remains much the same. Which do you take on first; the late penalties, the collection calls, the threats to shut off your utilities, the repossession threats, or the foreclosure proceedings?
People often do not make their best decisions when they feel like their backs are against the wall, and the saying “Desperate times call for desperate measures” is seldom good advice — especially if you have a family counting on you. But where can you turn to for measured, objective, practical advice for your unique situation?
It is important to work with a firm who thoroughly understands that when you are experiencing financial challenges you do not have the time to become an expert in debt relief law. Attorneys who understand the laws surrounding debt relief, have already immersed themselves in the intricacies of matters from bankruptcy to foreclosure, so you do not have to.
The most important thing for you to do in a time of financial crisis is to focus on getting back on your feet. Whether it is to help you explore options short of bankruptcy, or to stand between you and your creditors should a fresh start from a bankruptcy petition become necessary, our emphasis is on being your advocate so that you can concentrate on what matters most to you.
Although you do not need to know everything there is to know about the law, it is still a good idea to educate yourself if you are thinking about filing for bankruptcy. With that in mind, our firm has created a web page with many resources for you to examine. You can always contact us if you have questions, or want to find out more about how we can help.