The older you get, the more complex your finances become. When you’re young, your biggest financial concern is whether or not your allowance will cover that new toy you want. As a teen, there’s a used car you have your eye on so you get a job bagging groceries to pay for it. Fast forward to student loans, rent, new jobs, car loans, marriage, children, investments, more student loans, and retirement, it’s no wonder that it’s so easy to find yourself saddled in debt.
Everyone has some kind of debt to pay and for most, it’s manageable. For many, however, debt has become a dark cloud that they can’t get out from underneath on their own. Bankruptcy may be a solution but how do you know it’s the right solution for you? Here are some indicators that it might be time to consider it:
Filing for bankruptcy is not a decision to be made on a whim. It’s important to weigh your amount of debt and your ability to pay it with the effects that a bankruptcy will have on your ability to get credit, get an apartment, etc.. An expert bankruptcy attorney like those at Miller, Hollander, & Jeda can consult with you to determine whether or not bankruptcy is right for your current financial situation and if it is, they can guide you through the entire process. Miller, Hollander, & Jeda have been helping people of Central Florida get onto a better financial path for nearly 4 decades. Call (239)775-2000 today for your free consultation and find out if filing for bankruptcy can help.