People consider and file for bankruptcy for various financial gains, not because they want or planned to do so. Almost every phone call or meeting that I have begins with, “I really did not want to do this.” I understand, speaking with a lawyer and asking for help especially when it comes to finances is not easy. I always tell my clients, we will talk like people sitting on a park bench with our focus only on the future, not the past. Most people spend years and a lot of money in minimum monthly payments without making any headway to avoid bankruptcy/debt relief or speaking to a lawyer, only to delay what may be the only or best viable option for your situation.
When asked, who files for bankruptcy? My short answer is people who care and have something to protect.
Plenty of people will accrue debt and due to a variety of circumstances and never put forth the effort to resolve the debt in any fashion. If the debt fails to be resolved it only grows and devastates finances as time goes on by lowering credit scores, increasing collections, and related lawsuits resulting in judgments, liens, etc.
People that contact our office regarding bankruptcy and debt relief options have something to protect. Our clients span all stages of the workforce, and our clients are seeking to protect their incomes from bank levies, homes from foreclosure, apartments from eviction, and credit scores from falling. Many of our clients have children and are trying to obtain or keep a home for them or save for activities, education, and family vacations. Savings is most important to get out and stay out of future debt. I can help with these goals.
For a tailored debt relief strategy for your situation, contact our lawyers throughout the Greater Philadelphia and New Jersey regions for help and to protect your present and future goals.