Have you been contemplating your need to get some advice from a bankruptcy lawyer? If you have, you're certainly not alone. The current unemployment statistics of over 10% show that many people have found themselves without a job. If a single person or even one spouse has lost their income, it doesn't take long for a household's financial situation to sink underwater. If you feel yourself drowning, here are some steps that you can take in order to stabilize your situation while assessing your need for legal help. |
Credit cards: It is very difficult, at first, to go cold turkey from the easy card swipe mentality, but it is a must. Use cash in all purchases to have a tangible feeling of your money going out. It has been proven that cash buyers are more thoughtful about prices and tend to spend less, even at the grocery store. You can buy abundant groceries for the cost of one mediocre restaurant meal.
See how long you can go by making creative meals from your pantry and freezer. It's amazing what you can come up with to feed your family with a bit of ingenuity.
What new clothes or household items do you really need? Learn to distinguish between "wants" and "needs" and refrain from the "wants" until your financial situation has been stabilized.
Becoming financially lean and healthy is similar to weight loss. In order to lose weight, one must bump up their physical activity and lower their food intake. Financially, one must earn more and/or spend less. Every bit of money brought into the financial pot helps. Temporary jobs that aren't in the "dream job" category are still valid ways to pull in cash. You can do many unfulfilling jobs on a temporary basis.
Contact your creditors to see about arranging an alternate payment plan. Many will be willing to work with you. Your local chapter of a non-profit consumer credit counseling program may be able to help in setting this up.
Take a serious look at your bills. If there is no way you can pay them off in a timely manner and the total keeps escalating due to compounding interest, you may want to consider discharging them. If you are unable to sleep at night and your work, relationships and health are beginning to suffer as a result of financial anguish, it may be time to make an appointment with a bankruptcy lawyer in order to discuss your options.
If you are leaning toward filing bankruptcy, don't try to save money by doing it yourself. This is a complex legal process and one that is not easily carried out without the help of a seasoned bankruptcy lawyer. Make an appointment for a consultation in order to get some answers to ease your situation.
Hire the services of a Fairfax bankruptcy lawyer who has over 20 years of experience in bankruptcy. He can give you a chance to start over from a financial point of view, as most of debts are relieved after bankruptcy as been filed. To know more visit http://www.bankruptcyattorneyinva.com
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