What can the latest stimulus payment really do?

With the latest round of stimulus checks now being distributed, Americans are finding themselves with an extra $600 hitting their bank accounts. Although $600 might sound like a lot of money, for many it won’t even begin to make a dent in their financial situation. Some families have had to endure an entire year of unemployment. Up to 20 million Americans are behind in rent and nearly six million of those expect to face evictions in the coming months. According to the Washington Post. nearly 12 million renters will owe $5,850 in back rent and utilities this month on average.

When you look at figures like that, it’s easy to wonder how $600 will really make a difference. Well, there’s good news. That $600 stimulus check can help you get out of debt permanently.

The best way to spend your stimulus check.

How can average Americans possibly find a way out of the financial mess the global pandemic has created? The truth is that they can’t. Sometimes, there is just no way to get out of a debt spiral on your own. Luckily, bankruptcy offers a lasting way out.

Bankruptcy was specifically designed to make sure there’s an escape from serious debt. It offers lasting financial protection and debt relief. Unfortunately, it’s clouded in many misconceptions. Many people do not realize that bankruptcy is the solution, not the problem.

If you’re wondering how to make your stimulus check go as far as it possibly can, invest it in a future without debt. Instead of throwing that money away on a bill that will take years to pay off, consider using the money to file bankruptcy instead.

I’ve spent 30 years as a Memphis bankruptcy lawyer helping thousands of people get out of debt and turn their lives around. I can do the same for you.

Get out of debt permanently.

With vaccines finally being distributed and the end of the pandemic in sight, now is the perfect time to get out of debt permanently.

Think about how much freedom a clean slate and fresh start can give you. Once you’re out of debt, you’ll be free to think about the future. After filing, you can build your credit back stronger than ever and save for the things that matter to you most. The best part is that you’ll no longer have the stress and worry that crushing debt brings. You’ll be free, inside and out.

Darrell Castle & Associates is here to help. Contact us online or call (901) 327-2100 for a FREE consultation, no strings attached. Our team of experienced bankruptcy lawyers will be with you through every step of the process. Don’t wait another day; a brighter future is just a phone call away.