Understand Alabama Bankruptcy Laws With Our Experienced Lawyers
Everyone who is faced with debt is already dealing with a tremendous amount of stress and has to make tough decisions. At one point or another, bankruptcy may come up as an option, but how can you know that bankruptcy is right for you or that you should speak with an attorney? There is no right time to file for bankruptcy, but there are some signs that may point you in the right direction.
At the law firm of Gina H. McDonald & Associates, we experienced bankruptcy lawyers can help you decide whether bankruptcy is right for you and if it is the right time to file. Our firm has helped clients dealing with a wide range of problems related to debt, including foreclosure, repossession and creditor harassment.
Signs You Need to Talk to a Bankruptcy Attorney
Sometimes, filing for bankruptcy is inevitable. When the debt that you're paying off is equal to or more than the money you make every month, filing for bankruptcy is going to happen sooner or later. While you can borrow more money, take out payday loans or look for other temporary means of financial support, these are at best a stop-gap and could make the problem worse.
Negotiating with creditors may seem like an option but, in most cases, can be tough to actually pull off. There are tax consequences to negotiating unsecured debts, and if one creditor is unwilling to help you, the problems will still exist.
Chapter 7 and Chapter 13 bankruptcy can help to provide financial relief, and with one of our experienced attorneys working with you through the process, you can feel better about your financial future.
Don't Delay the Inevitable
Make an appointment and talk with one of our experienced bankruptcy lawyers. We have offices in Birmingham and Oneonta. Contact our firm by e-mail or by calling us toll free at 888-412-9047.