The main reason that people need bankruptcy help in Mesa is that they have fallen into financial trouble. There are three common reasons that cause people to fall into financial trouble.
Family law (divorce), health issues and medical bills are the top 3 reasons that a person falls into financial issues. If you’ve experienced these, you’re not alone.
One of these alone can be a reason for a bankruptcy. If you happen to have more than one of these issues plaguing your life, you probably feel backed into a corner. Loss of a job or being underemployed is frustrating. You can’t always control it. However, regardless of the cause of your financial issues, there is a way out.
With your property at stake, your livelihood and your future, you’ll want an experienced attorney to find the right chapter of bankruptcy for your specific situation.
If you need a new financial beginning, you’ll want our help in solving your debt issues. Pew Law Center has bankruptcy services as well as the elimination of debt under Chapter 13, Chapter 11, and Chapter 7 in the United States following the U.S. Bankruptcy Codes. Each chapter is representative of a different case that has specific procedures and rules.
When you’re going through financial hardships, you may want to ask yourself if the issue is so serious that you need to file for bankruptcy. If you’re unsure, you should give our office a call at Arizona Bankruptcy Attorney and let us help you to determine which is the best route for you to take. Only an experienced bankruptcy attorney can help you to determine the best route to take for your specific debt situation.
Here are some of the indications that you may need to file for bankruptcy.
Credit Card Debt
If you have a high credit card balance, and you can’t pay the balance, you may be in trouble. This may mean that you need to file for bankruptcy. While credit card debt is unsecured debt, it may be discharged if you file for a Chapter 7 bankruptcy. Once you’ve concluded your proceedings, your debt on credit cards may be eliminated entirely.
According to statistics, your medical bills may easily overtake your credit card debt. If you have a lot of medical bills, you may wish to consider a Chapter 7 bankruptcy. This may be able to give you a fresh financial start.
Borrowing From Retirement
Many people find that they are in such serious financial ruin that they have to borrow from their retirement in order to pay off debt. If this is you, it may be that it’s time to take a long hard look at what you’re using your retirement to pay. If you’re staying out of foreclosure, you may wish to call a bankruptcy lawyer in order to find out what your options are. Bankruptcy may stop a foreclosure or a repossession of your car in the tracks. You may be able to save some of your assets if you file a bankruptcy.
Harassment From Creditors
If creditors are harassing you, you may be able to stop their calls by filing for a bankruptcy. A bankruptcy can stop the communication between you.
If you’re losing a portion of your pay to a garnishment, you’re in serious financial trouble. You’ll want to get your finances back on track fast. If you’re stuck making a living from paycheck to paycheck, you need help.
Many people think that a bankruptcy will destroy their credit forever, this isn’t true. Your credit will take an initial hit, however, as you rebuild your credit after the bankruptcy, you’re going to find that your credit score begins to grow. It may actually improve your credit over a period of time since it wipes out debt and gives you a fresh start you get to rebuild your credit and start over fresh with no debts. Learning to make wise financial decisions will go far in helping you decide what to do.
Filing for bankruptcy should be done only when necessary. That is why our Mesa bankruptcy lawyers provide free consultations with in-depth case evaluations to anyone thinking about it. If you’re not sure, of you’d like an attorney to help you right now, call us or fill out our form to receive assistance from experienced professionals.
Call (480) 745-1770 or fill out our contact form to get help from compassionate professionals. Stop worry and get help today.