Jane is a nurse, four years ago she went through a divorce. It was the toughest experience of their lives. Her husband left her with three young children, a mortgage, and $ 10,000 in credit card bills.
They refinanced their mortgage and pay the cards. Once she did, she was flooded with request to open new credit card accounts. She took what looked like the better deals.
The additional hours in the hospital, she has somehow managed to keep things going, but just barely. Large expenses come regularly, which had to be paid. A new heater and winter tires for the car. They may feel they have charged too much at the holidays, but they could not let their children at Christmas. You have been through a lot. Although she has tried to be careful, I have so many things that they had come simply to pay. The balance on their credit card accounts have risen steadily.
She went to the bank, but they told her she had too much debt and not enough equity. She tried to keep payments on the cards, but it was not easy and becomes more difficult. When she falls behind, the collection calls start, often continue late into the evening. No family who can help her, and over $ 17,000.00 in credit card bills, they believed to be their hopeless situation. You no longer answers her phone.
Jane than to see a lawyer to a bankruptcy, but was too embarrassed to do so. She worries all day and all night. The stress grows worse over time. She can not believe she is in this situation. She works 50 hours a week and makes about $ 50,000 per year.
Does this sound familiar? What are their options? Jane needs the right lawyer. Over the years I have been in practice, I have come across many similar cases, and think I have some valuable advice for you.
My first advice is to Jane, take a break. The highest cost is paid by people in their situation, always, is not paid in cash but in physical and mental health. They live in fear and uncertainty. Their families financial burden rather than a blessing.
My second piece of advice consists of a professional financial situation and develop a plan. The plan can be hard. but how much more difficult things be? Jane's credit score may suffer, but in her case, a credit score at times is not the most important consideration.
If Jane situation sounds like yours, there are alternatives. My partner and I have helped many people, resulting from poor financial conditions. The process takes time and effort, but nothing good comes easy.
Thank you for coming in Credit Counseling Reviews and read the article about: First consultation , help us to Shared this article. hopefully useful to us all.
