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Personal bankruptcy can help those who are too far in debt

The holiday season is here, which means that many people are going to feel pressure to purchase gifts. Even though you want to show others how much you care for them, it is imperative that you only make purchases if you can truly afford them. Unfortunately, it is easy for you to become overextended with your credit during this time of year.

If you realize you are overextended and the stress is too much to bear, give us a call

to schedule a free, initial consultation to determine whether bankruptcy can help.

For some people, there is an additional issue that comes with the holidays. They might have an influx of medical bills. This can come from a sudden injury or a serious condition that requires treatment. This can make it difficult to keep the finances in control.

There are some instances in which a person might realize that they are just too far in debt. Whether this is from credit cards, medical bills or another reason, the need to act takes a priority. You might have the option to file for bankruptcy. This can help you regain control of your finances and can take some financial pressure off you.

If you want to file for bankruptcy, you have to determine which chapter you are going to file under. There are two primary options for consumers: Chapter 7 and Chapter 13. These work different ways and have different requirements, but they have the same result - a fresh financial start for the filer. We can help you get the process started.

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