Which is worse, bankruptcy or debt??
If you live near Philadelphia, the answer might not be what you think.
You might be suffering from burdensome debt and looking for a solution to your financial hardship. The search may keep you up at night, disturb your sleep and reduce your ability to focus at work. You may have tried opening new credit cards, transferring debt or letting payments slide, but it only makes matters worse.
Pennsylvanians view bankruptcy like its admitting failure, something you avoid at all costs. Contacting a bankruptcy attorney for financial advice could be the last thing you want to do, but it may be the best option and your first step toward freedom from debt. Debt ruins lives. Bankruptcy can help you rebuild it.
At the very least, you should be asking for help from a professional. If you find yourself struggling to find an answer to your debt problems, I can help you navigate these complex decisions toward a better future.
The Rising Cost of Financial Difficulty
You may not realize how much falling behind on monthly payments is costing you – physically, emotionally and financially. Penalties on a student loan default add an additional 25% to your monthly bill, and credit card interest can quickly spiral out of control. If you owe $30,000 in credit card debt with 20% interest, then you need to pay $500 per month just to stay afloat, much less make progress on your debt. Costs like these accrue slowly over time. But once they begin to slip from your control, they can quickly spiral into hopelessly tall figures.
Millions of Americans – at all income levels – have gone through bankruptcy. Millions more will need to file for bankruptcy in order to gain traction on their debt. You are not alone in your financial difficulty. I am here to help you, so you can move forward.
Bankruptcy Is Not the End
My legal career has been dedicated to helping people who are struggling to meet their financial obligations. I know you have alternatives. Federal and Pennsylvania state laws are in place to give you relief when you need it and protect your rights. With honest, professional advice, you can identify all your options and choose the best solution.
I know what you are experiencing. I have helped erase debt through Chapter 7, and effectively restructured debts through Chapter 13 bankruptcy. I also negotiate with lenders and collection agencies on your behalf and counsel on student loan debt. The path to success starts with a phone call.