No one is immune from financial woes. All it takes is the right set of circumstances to end up with debts that seem impossible to repay. When that happens, it makes sense to consult with one of the bankruptcy attorneys Rockford IL and find out if filing for personal bankruptcy is the right solution. Here are some signs that you need to make that call today.
Every Month Things Are Worse
You’re reduced your spending and paid a little extra on your debts when and as possible. Even so, the total amount that you owe continues to increase from month to month. You don’t see things changing any time soon, other than the fact that the day will come when you can’t even manage the minimum payments due.
Rest assured that the bankruptcy attorneys Rockford IL at Hampilos & Associates Ltd. have seen this type of situation before. Depending on the outcome of your means test, an attorney may recommend that you file a Chapter 7 or a Chapter 13 petition with the bankruptcy court. Once you provide permission, the attorney can take care of the filings and represent you throughout the process.
Worrying Is Starting To Affect Your Work
The stress associated with your current financial situation is starting to interfere with your concentration. There are mistakes that you would normally not make. Fortunately, you’ve caught and corrected them before they could do any real damage, but there’s no doubt your worrying is affecting the quality of your work. Before it adversely affects your main source of income, talk with one of the bankruptcy attorneys in Rockford, IL. Bankruptcy may be the most practical way to bring this situation to an end.
While bankruptcy is not the solution for everyone, it may be the right choice for you. Talk with an attorney and listen to the advice. From there, you can make an informed decision about what to do next.
