Warning Signs of Bankruptcy

1. Robbing Peter to Pay Paul?

2. Are your creditors threatening lawsuits, foreclosure of your home, or repossession of your car?

3. Have you experienced a dramatic drop in income from the loss of a job, illness or disability?

4. Are you using one credit card to pay off another?

5. Do you only pay the minimum on your credit cards?

6. Are you losing sleep at night or worrying during the day about your financial situation?

7. Do you have to sacrifice basic necessities just to make ends meet?

8. Are you frequently paying bills late?

9. Are you heavily in debt with little prospect of paying it off in the near future?

10. Are your wages in jeopardy of being garnished in the near future?

11. Have you gone through a divorce resulting in a decrease of income, but an increase of your personal expenses?

12. Do you owe taxes that you cannot pay off?

If you answered yes to any of these questions, contact us. Many good people like you can experience problems paying bills. The federal bankruptcy laws are designed to assist average, working class Americans who try to pay their bills, but nevertheless find themselves in financial trouble. In today’s uncertain economy, many people incur debts they cannot repay for a variety of reasons which are out of their control. An unexpected lay-off or other loss of income may leave you unable to pay your bills on time. A medical emergency, work injury or prolonged illness can be devastating even to those with an above-average income. A divorce, which leaves one spouse with more bills and less income, may trigger a downward financial spiral. Even a natural disaster can quickly wipe out your savings and put you in financial crisis.

The bankruptcy laws are one way society recognizes that sometimes bad things happen to good people. Credit card companies and other creditors look out for their own interests and you have to look out for yours. When good people have serious financial problems, they owe it to themselves and their families to consider bankruptcy.

It is important to remember that doing nothing will just prolong your set of circumstances. In many instances, people seek our services several months or even years after they should have. Be proactive and take the initiative to solve your situation now by calling us.