Sadly, the pandemic is far from over. With stimulus checks long gone and prices surging, many Americans have no choice but to turn to credit cards and payday loans to make ends meet. As a debt lawyer Memphis depends on, I know debt is difficult to endure even without a pandemic. Coupled together, it can make folks feel downright hopeless. Thankfully there’s a way out of the pandemic debt spiral with bankruptcy.
Bankruptcy is a time-tested solution that’s helped people for generations. Bankruptcy’s potential to offer hope and much needed financial relief is particularly vital right now.
Rising debt isn’t due to irresponsibility, it’s a national crisis.
As consumers suddenly pay more for everything from groceries to gasoline, household income can’t keep up with the higher cost of living. Since 2020, median income fell 3% while the cost of living rose nearly 7%, due, in part, to rising housing and medical costs. It’s no wonder so many of us have had to rely on credit cards for our most basic needs.
But there’s no need to feel ashamed about debt, especially now. Your coronavirus-related debt is not a reflection of poor choices, it’s a reflection of survival.
Bankruptcy offers a way out of debt. Permanently.
Here’s the tough news. Throughout my 30+ year career I’ve never once seen serious debt resolve itself. It’s only through action that we find solutions. Bankruptcy is a powerful tool designed to give you lasting debt relief. It has the power to take away the endless worry over how to pay your bills, and offers a second chance that may now feel impossible.
It completely wipes away all dischargeable debt, including credit card balances, medical bills, and more — those particular types of debt that can easily worsen during these uncertain times.
Get the fresh start you deserve.
My wife and I have kept in touch with many of our clients over the years. It’s been a pleasure to watch them grow as individuals and families after bankruptcy. Things that they once only dreamed about — like sending their kids to college or buying a house—became realities.
Everyone deserves that fresh start, but too often, the stigma surrounding bankruptcy (and the fear that stigma inspires) gets in the way. I understand that filing for bankruptcy is a big decision. Even the idea of filing may fill you with doubt or feelings of overwhelm. But, don’t worry, I’m here to help you through every step of the process.
Speak with a debt lawyer Memphis trusts for a FREE consultation.
Life for many Americans is challenging right now, but this isn’t a time to sink deeper into debt. Freedom from debt is possible. Here at Darrell Castle & Associates, PLLC, we offer FREE consultations, no strings attached. One of our compassionate and experienced lawyers can take a look at your unique financial situation, answer any questions you have, and come up with a plan to get your life back on track.
If you’re struggling with debt, don’t wait for it to get worse. Call us today at (901) 327-2100 or contact us online to explore your options today.