New Years Resolution: File Bankruptcy?

Posted on January 3, 2012 at 5:35pm by

As 2012 begins and 2011 is behind us, many will be faced with holiday overspending and may need to file bankruptcy. Every year, we make resolutions based on past failure and new beginnings. Typically these resolutions are health related – losing weight, getting in shape, quitting smoking, etc. More and more, debt elimination is becoming an increasingly common resolution. If reducing or eliminating debt is on your resolution list this year (or should be), The Sader Law Firm can help you get your financial house in order with a Chapter 7 or Chapter 13 Bankruptcy.

Whether your credit card debt is out of control, you’re behind on mortgage payments, or facing any number of financial circumstances, it might be the right time for you to seek out Bankruptcy as a solution. Here’s a good rule of thumb – add up all your credit card debt and based on the payment you’re making now, determine how long it would take to you to pay them off. If the answer is more than five years, it’s time to give The Sader Law Firm a call at (816) 561 1818.