Since 1999, we have helped many people get a fresh start for themselves and their families by helping them file bankruptcy to eliminate or greatly reduce their debt burden. Many times individuals who come to us have been paying the same bill for years, even though they cut up the credit card years ago. Unfortunately, the giants of the consumer credit industry know that once they lend you money on revolving credit, you will probably never pay them back. Meet with us and we’ll put an end to your worrying and let you get on with the business of enjoying your paycheck for a change. The new bankruptcy law, enacted by the U. S. Congress in October of 2005, has changed some things, but filing for Chapter 7 or Chapter 13 bankruptcies does not remain a difficult process. If you can’t decide whether to file, consider these questions.
Considerations before filing for Bankruptcy
• Are you paying more than 25% of your family take-home pay to creditors?
• Are you juggling credit payments and accumulating late fees by not paying?
• Have you opened a new credit card account to pay off a higher-interest old one?
• Have you taken a credit card cash advance to pay bills?
• Are you making minimum monthly payments on more than one credit card?
• Have you put off paying bills because of an unexpected expense?
• Are you still paying for holiday gifts purchased more than one year ago?
• Have you refinanced your house in order to “catch up” on your credit bills?
• Are you arguing more about money than you did a year ago?
At the law office of Robert B. Jacquard, Esq., Bob helps people review their overall financial situation and prepare them for a bankruptcy filing if they qualify. If you are considering filing for Chapter 7 or Chapter 13 bankruptcy, you are required to participate in mandatory credit counseling prior to filing.