Personal bankruptcy is never anything to enter into lightly. Even so, there are times when seeking advice from a bankruptcy lawyer Valdosta is the only real solution. If any or all of these situations apply to you, it’s time to talk with a lawyer as quickly as possible.

There’s Not Enough Money to Cover All the Bills

You were keeping up with the bills until your income was reduces. Perhaps your employer cut back on the hours or you were out of work for a time due to a health issue. Whatever the reason, it’s impossible to catch up now. There simply isn’t enough money coming in to bring everything current.

Since your financial outlook is not going to improve, bankruptcy is something you need to consider. A lawyer can help you explore all your options and find the one that’s right for you.

Creditors Won’t Work With Debtors

Some creditors are willing to arrange alternative payment schedules for people who have experienced financial reversals. Others won’t budge at all. If you’ve approached your creditors and they aren’t willing to work with you, bankruptcy protection may be your only option. If that’s true, you should speak with a bankruptcy lawyer Valdosta immediately.

The Stress is Taking a Toll

As your financial state gets worse, it’s harder to sleep at night. That’s affecting your job performance as well as your interactions with family and friends. Until the stress is eased, things will only get worse. Before you lose your job or damage your relationships, seeing a bankruptcy lawyer Valdosta and filing a petition is the smartest move you could make.

Are you contemplating personal bankruptcy? Before you make any decisions, find out what a lawyer like Charles Farrell Jr LLC can do for you. Visit https://charlesfarrelllaw.com/ today and read about the basics of Chapter 7 and Chapter 13 bankruptcies, then call for an appointment. It won’t take long to determine if bankruptcy is the right move in your case.