Bankruptcy: A Choice

You ask, “Is Bankruptcy the Best Choice for Me?”

Is Your Monthly Income Less Than Your Monthly Expenses?

One tell-tale sign of impending financial disaster is not being able to meet your monthly expenses. If you are constantly asking yourself where the money went, using your credit cards for meals, gas, or other essentials (and not paying off the balance), or—in extreme cases—visiting the payday loan store to get by, it is time to take a long, hard look at your budget.

Figure out what you take home on a monthly basis, and subtract what you spend for necessities such as rent or mortgage, utilities, food, child care, and all debt payments. Then ask yourself these questions:

• Do you spend more than you make?
• Have you removed all luxuries from the budget and still can’t make ends meet?
• Are you sacrificing on essentials like utilities, food, or medical and dental care to make a minimum payment on a credit card or pay for car, furniture, or other secured debt you don’t need and can’t afford?
• Are you scraping to pay the just minimums on your credit cards? Would it be impossible for you to pay off your credit cards in just a few months?
• Are your monthly debt payments stopping you from living more comfortably and with less stress?

If you answered “yes” to any one of these questions, we may be able to help you to work to reduce these debts or eliminate them completely. You have options which range from Arizona Debt Settlement negotiations to Chapter 7 or Chapter 13 bankruptcy. We have the experience and knowledge to help you choose the best for your finances.

Call 480-634-7480 to make an appointment with a Thompson Law Firm Chandler bankruptcy attorney.  Or you can fill out the form for a FREE EVALUATION.  An attorney from our firm will contact you promptly and help you set up an appointment to discuss solutions for your financial situation.  Arizona Legal Advocacy Group, LLC serves Arizona communities in Maricopa County, including Phoenix, Scottsdale, Tempe, Apache Junction, Queen Creek, Chandler, Gilbert and beyond.