Somewhere down the line, you lost control of your finances. With no idea of what to do next, it makes sense to talk with a bankruptcy attorney Valdosta and find out if this solution is right for you. If you need further motivation, consider these three reasons that often prompt people to learn more about what bankruptcy can accomplish.
You’re Getting Deeper in Debt Every Month
It seems as if nothing allows you to reduce your debt. All the cost-cutting measures you’ve tried have not made it possible to pay down your debt. In fact, they seem to increase slightly from month to month. Breaking the cycle is the only way things will get better. In this scenario, a personal bankruptcy may be the only viable solution.
Your Creditors Are Not Willing to Work With You
One of the measures you’ve tried is going directly to your creditors and attempting to work out some sort of payment arrangements. Unfortunately, they are not budging. You either pay off the debt or they will turn your accounts over to one or more collection agencies. When that happens, you can expect to be in even worse financial straits.
A bankruptcy attorney Valdosta can help you select the best approach to personal bankruptcy and file the appropriate documents with the court at once. When that happens, all collection efforts will stop. From that point onward, the creditors will have to deal with the court.
You’re Tired of Not Being Able to Sleep at Night
Worrying about your debt is making it hard to sleep at night. The lack of sleep is beginning to affect your job performance as well as your relationships. Since you don’t want to lose either, it’s time to do something that will help you sleep at night. That something could be a talk with your local bankruptcy attorney Valdosta.
Personal bankruptcy has the potential to help you get a fresh start and the team at Charles Farrell Jr. LLC will help you determine if this is the right solution for you. Visit today and schedule your free consultation. Things could look a lot brighter once you talk with us.