are plenty of times a bankruptcy lawyer in St. Petersburg FL can help
you get your finances back on track. Unfortunately, some people
over-react and file for bankruptcy when another option would have
been better for them.
are some times when bankruptcy probably isn’t your best choice?
You Have the Option of Negotiating Your Debt
if you’re struggling financially, bankruptcy might not be the best
option for you. If bill collectors are willing to work with you and
negotiate payments you can afford to keep up with, taking the drastic
option of bankruptcy isn’t necessary. You can at least put filing
on the backburner until things are sorted out.
Your Financial Situation is About to Change for the Better
no reason to rush into bankruptcy if you believe your financial
situation is about to change for the better. For example, maybe you
lost your job and it led to falling behind on your debt payments.
if you have a job on the horizon, you’re likely better off waiting
for things to change and try to catch up at that point. In some
cases, you can speak to your creditors and create an arrangement that
allows you to fix problems before you’re facing bankruptcy.
If you aren’t sure whether bankruptcy is
a good choice when you feel hope on the horizon, a bankruptcy lawyer
in St. Petersburg FL can help you assess your situation.
You Don’t Have Financial Problems
one might seem obvious, but you’d be surprised to learn that some
people assume having debt means they should file for bankruptcy. The
truth is, having debt isn’t bad. It only becomes negative when you
cannot afford to pay the debt.
good news is speaking with a bankruptcy lawyer doesn’t mean you
must file. A reputable bankruptcy
lawyer in St. Petersburg FL
will offer a no-obligation consultation to review your situation and
help you determine if bankruptcy is the best choice for you.