Is Bankruptcy Right for Me?
Phoenix Bankruptcy Attorney
When determining if bankruptcy is the right solution for you in your personal financial situation, it is strongly advised that you contact a Phoenix bankruptcy lawyer to help you review your situation and the various options available to you. Some people will not need to file for bankruptcy and there may be another solution that will work better such as debt settlement. Some may need help in resolving a mortgage problem through negotiations with a lender.
Determining whether bankruptcy is right for you is an important issue, and not one to take lightly. A Phoenix bankruptcy attorney from Oswalt Law Group can help you in finding the best option for you in your personal or small business financial situation. We carefully review all the details of your problem to help you come to the best possible conclusion and help you bring the matter to a final resolution.
When is Bankruptcy the right solution?
Those who are under crushing debt and have no hope of ever paying it off are likely going to find that Chapter 7 Bankruptcy is the best option. These debts come about through job loss, a divorce, and medical problems or sometimes when you have been trying to manage a mortgage payment that has increased astronomically. Some have juggled credit cards, trying to make it work, but find that they have dug a hole far too deep. It is not advised that you empty your retirement account to try to pay off outstanding bills before finding out if bankruptcy is right for you.
In most cases filing for bankruptcy will not lose you your retirement accounts and will allow you to protect your future when you reach the age when you want to retire. Every person or business will have a unique situation, and there is no cookie cutter solution. We believe that you deserve sound advice from a legal professional from our firm, and are here to answer your question about the right course of action for you.
Contact a Phoenix bankruptcy lawyer from our firm to find out if bankruptcy is right for you.