Filing for bankruptcy is a choice that can offer a second chance for those who have found themselves in a true financial crisis. Sometimes, bankruptcy is put off by people who think they can save themselves from a truly dire financial situation. In this situation, there are some hidden costs for not filing bankruptcy. They are:
What is most often forgotten by those who think they can put off filing for bankruptcy is the fact that other bills that cannot be included in a bankruptcy still continue such as:
Contact the team at Gold, Lange & Majoros, P.C. today for help in determining if bankruptcy is a solution for someone you know and care about.
Your financial life is important and when delinquent debt and other factors threaten to destroy it, waiting to file for bankruptcy is a critical mistake. If you feel that your financial life is being threatened and are at risk of losing your most important assets don’t wait to get help contact us today or call (248) 350-8220.
Bankruptcy can be a valuable tool for individuals and businesses looking to get out from under insurmountable debt to get a fresh start. The Bankruptcy Code consists of five distinct types of bankruptcy for individuals and businesses for debts owed in the United States (the sixth, Chapter 9, is only available to municipalities to reorganize […]
Many people in need of legal advice concerning financial problems and the possibility of filing bankruptcy understandably want to get it done as cheaply and efficiently as possible. In today’s world of easy internet access, many of us take it upon ourselves to research answers online to become educated on the benefits and pitfalls of […]