Is Bankruptcy Right for YOU?

02/26/2014

bankruptcy attorney Ft. Lauderdale aWe all know that bankruptcy was created to help individuals recover from debt. However, it may not be so easy to decide if it is the right option for you because there are many factors that must be considered. While there is no formula you can follow to determine if it is the right time to file a case, there are a few circumstances that indicate a personal bankruptcy may be warranted:

  • Your home is in foreclosure or your lender is threatening a foreclosure action
  • Your home is “underwater” and you have more than one mortgage on it
  • Creditors are repossessing assets or threatening repossession
  • Collection lawsuits have been filed against you
  • Your bank account or paycheck is being garnished
  • You are being harassed by creditors and debt collectors
  • You feel overwhelmed by your credit card debt or medical bills
  • You are past due on your taxes
  • You live paycheck to paycheck and you have no savings
  • Excluding your mortgage, you cannot pay your total debt within 5 years

There are many other circumstances that may indicate a bankruptcy filing is appropriate, so it is important to confer with an experienced lawyer to review your individual financial situation. Don’t spend more time drowning in debt. Take action to decide the best debt relief option for you and work to obtain the financial fresh start you need.

Please keep in mind that every case is different. If you have questions about filing a personal bankruptcy or how a Chapter 7, 11 or 13 could benefit you, and would like to schedule a no-cost consultation, please contact our office by completing the form on this website, calling us at 954-920-5355, or emailing us at info@lslawfirm.net.

 

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  Leiderman Shelomith
  Bankruptcy Attorneys

  2699 Stirling Road, Suite C401
  Fort Lauderdale, FL 33312
  Phone: 954-920-5355
  Fax: 954-920-5371

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Attorney Advertising. © Copyright 2017 Leiderman Shelomith. All rights reserved. Please keep in mind that every case is different, so if you are thinking of filing bankruptcy,
and would like to schedule a no-cost consultation, please contact our office by completing the form on this website,
calling us at 954-920-5355, or e-mailing us at info@lslawfirm.net.