Declaring bankruptcy can be an extremely harrowing experience and should not be taken lightly. While dealing with the consequences of bankruptcy can be rough, it can be even tougher admitting you require the services of a bankruptcy attorney and need help finding your financial footing. Making the decision to file for bankruptcy may seem like a burden at first, but it can actually provide welcomed relief and a chance to rebuild your credit and start your economic life anew. Here are some tips that will help you determine if it is finally time to reach out for financial assistance and file for bankruptcy.
Look at your current situation
If you currently owe creditors more money than you can afford to pay, bankruptcy is a viable option that can help put an end to your financial woes. Ask yourself the following questions to see if you are in danger of having significant monetary problems.
- Do bill collectors call you on a regular basis?
- Does the thought of figuring out your financial situation scare you or make you feel out of control?
- Do you only make minimum payments on credit cards each month?
- Do you know how much you actually owe?
If you answered yes to any of these questions, it may be time to at least consider filing for chapter 7 or 13 bankruptcy. Whether you have large debts that you are unable to repay or are at risk of foreclosure due to being behind in your mortgage, bankruptcy can provide relief during these difficult times. While it may be frightening throwing in the towel and admitting you require help, bankruptcy can provide the necessary assistance to get you out of the financial hole you dug yourself into.
Trust the services of a bankruptcy attorney
A knowledgeable bankruptcy attorney will set up a plan of attack that will help you get your finances back on track, offering the comfort of knowing that you are on the right path to financial freedom. A qualified bankruptcy lawyer will help you fill out all the required paperwork and provide valuable answers to any of your bankruptcy related questions. With proper guidance, you can get ahold of your current monetary situation and make steps to build back your credit.
If you or someone you know is in need of financial assistance, contact DeLuca & Associates today to find out how we can assist you in alleviating your money problems. Call (702) 252-4673 for more information on declaring chapter 7 bankruptcy in Las Vegas.
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