Happy New Year!

When you wished away 2011 this past weekend, did you sigh with a little relief that the year was over? You’re not alone.

A lot of people seem to feel that this past year was particularly trying, especially financially. Unstable stock markets, housing trends, and cost of living expenses meant a tough year for everyone. Now that the parties are over, perhaps you are looking at a pile of bills or a mortgage you are having trouble paying. You may be wondering what will happen to the car you bought when things were better or the credit cards you’ve had to use to cover day-to-day expenses.

One option you may want to consider is bankruptcy. While this term may sound scary or even wrong, there is nothing horrible or immoral about bankruptcy. The government allows you this option because sometimes it can be better for you (and for the economy as a whole) to give you a fresh start.

A New Year’s Question to Ask: “What Can Bankruptcy Do for Me?”

Bankruptcy can help you pay back or get rid of debts that have become too big to handle, including backed up medical and credit card bills. Many debts can even be forgiven entirely. It can also help you keep your house or other assets when you are at risk of losing them because of financial insecurity.

Your situation is unique, so to figure out how bankruptcy can work for you or what your options are, you should talk to an attorney. Our lawyers in Memphis offer free consultations, so it doesn’t cost you a thing to discuss your situation and figure out a strategy for moving forward.

Moving forward, after all, is what New Year’s celebrations are all about. Reward yourself by moving forward the right way.


For more info, contact us at 901-327-2100 or on our website.