Bankruptcy Attorney Mesa AZ
How do you know when it’s time to speak with a Mesa AZ bankruptcy attorney about filing for bankruptcy? Well, the right time for you may be different than other people, but generally, if you are considering bankruptcy then it’s probably something that can help you right now. But before moving forward with your filing, we highly recommend talking with a team member at Wright Law Offices, to make sure that this is the ideal next step for you. The last thing you want to do is file for bankruptcy when you have other options or to realize you applied for the wrong bankruptcy chapter. Let us guide you as you make this impactful financial decision.
Are You Ready?
Even if you think you may not be ready yet for bankruptcy, there are many benefits to at least speaking with someone about it. A consultation does not mean you have to move forward with filing, but you will have a better understanding of your situation and whether bankruptcy is going to benefit you. Our team can educate you on bankruptcy and give you a transparent evaluation of your situation. Furthermore, there are a few things you want to avoid doing if you are considering filing for bankruptcy in the near future. For instance, unless you are using credit for living necessities, you don’t want to max out all of your credit cards right before filing, as this may look like you were trying to use as much credit as possible before they get discharged under bankruptcy. Your Mesa bankruptcy attorney can offer advice like this so that your filing is as strong as possible.
Mistakes To Avoid
Worrying about debt can be draining and stressful, but it’s important to not make any rash decisions as you consider bankruptcy. People may go to great lengths to prevent filing for bankruptcy, when they are actually unintentionally making their situation worse. A few common mistakes people make include cashing in their retirement, doing payday loans, or hiding money in someone else’s bank account. The reason you do not want to draw out your retirement to avoid bankruptcy is because most retirement assets are protected under bankruptcy. Savings like these can be helpful to your long-term financial stability. Payday loans can seem like a tempting offer, particularly when debt collectors won’t relent, but the interest rates tend to be very high, making them difficult to pay off. Lastly, if you try to hide money in someone else’s account, this can cause issues for you and the person helping you, especially if you decide to file for bankruptcy.
Contact An Attorney
You don’t have to let financial struggles take over your life, there are options that can alleviate the stress you are going through. For questions and a consultation, contact a Mesa bankruptcy attorney as soon as you can. The team at Wright Law Offices can imagine the strife you are experiencing, and we are here to help make things better. We are ready to hear from you.