You Can Ignore It, But It Will Not Go Away
It can be tempting to not answer the phone and let the mail pile up instead of facing your debt problem head on. Unfortunately, that will not make the problem go away.
An experienced attorney can help you determine whether you should file for bankruptcy. At the law firm of Martin Krall, I provide personalized guidance to people in Roseville and Clinton Township, Michigan, as well as all areas in and around Macomb County.
Some Things to Consider When Making Your Decision
The most important thing to consider is whether your anticipated future income would ever realistically allow you to pay off your debts.
Are your creditors currently threatening to take your belongings? Have they filed lawsuits against you? Do you believe these steps will be taken against you soon?
Using bankruptcy as a debt relief option can help you:
Some Things Not to Consider When Making Your Decision
One thing you should not worry about is the impact of bankruptcy on your credit rating. The fact of the matter is that your credit score is probably severely damaged already.
For many people, bankruptcy can lead to a higher credit score. In my experience, after a couple of years, most people who go through bankruptcy find that their credit is very much improved. The whole purpose of bankruptcy is to give an honest debtor a fresh start.
Another problem some people have when considering bankruptcy is dealing with a feeling of embarrassment. However, there is no reason to feel embarrassed about bankruptcy. First of all, family members, employers, friends and neighbors are unlikely to find out about it unless you tell them. Bankruptcy is not something to be ashamed of — it was designed to help people who find themselves in difficult financial situations get back on their feet.
Free Consultation — My Firm Can Help You Decide
If you are experiencing financial distress, you can't afford to pass up a free consultation with an experienced bankruptcy lawyer. Contact me today. My firm serves people in and around Macomb County, Michigan, in areas including Roseville, Warren, Sterling Heights, St. Clair Shores, and Clinton, Harrison, Macomb and Shelby townships.