Should I File For Bankruptcy?
Are you worried about paying your bills during the corona virus pandemic? Are you impacted by the pandemic? Have you lost your job? Have you been furloughed from your job? Are you making just minimum credit card payments? Do your monthly expenses exceed your income? Do you have no money to pay mortgage or rent? Do you have mounting medical bills? Are your constant worries causing lots of stress? If you answered yes to any of those questions, bankruptcy may be the right tool to solve those problems.
In order to assess whether bankruptcy will help you, it is important to analyze your situation and compare bankruptcy with other possible avenues of handling your financial problems. It is also important to look at advantages and disadvantages of filing for bankruptcy. Do the advantages of bankruptcy outweigh the disadvantages? While the advantage of receiving a discharge of your debts is certainly advantage, there may be disadvantages. For example, you may lose some property and without proper bankruptcy advice, you may lose some property unnecessarily. That’s why it is important to consult with an experienced bankruptcy attorney to determine what would bankruptcy mean for you. During your free bankruptcy consultation, the bankruptcy attorney will analyze your situation your assets, debts and recent payments and determine if Chapter 7 or Chapter 13 or Chapter 11 bankruptcy is best option for you. The bankruptcy attorney will determine what debts can be discharged, what is the best time to file for bankruptcy and what pre-bankruptcy planning may be necessary. In order to avoid pitfalls of bankruptcy and obtain maximum benefits, calls us at 480-425-2009 or schedule a free bankruptcy consultation with an experienced bankruptcy attorney on our website. We will help you restore the peace of mind that comes from having your burden of debt lifted.