If you have ever asked yourself how do I choose a bankruptcy law firm, then chances are you can benefit from meeting with a member of our team at Darrell Castle and Associates, PLLC. Many people face serious financial hardship at one point or another in their lifetime. While money is not necessarily inherently bad, it can feel like the one thing that is out to get us (especially when we are in need of it). 

What if I have a high credit card balance?

Credit cards can be helpful when it comes to financing our needs for a short-term period. However, where it can get out of control is when too much is run up on the credit cards, and then the monthly payments become difficult to pay back. Once a credit card exceeds a certain percentage usage, paying off the entire balance may feel unrealistic. If you feel like your high credit card balance has become unmanageable, you may benefit from filing for bankruptcy. But, we suggest getting a consultation with a reputable lawyer who is familiar with bankruptcy law before doing so, just to confirm it will be in your best interest. 

Is it a good idea to borrow from a retirement account?

You may be considering pulling money from a retirement account in order to satisfy a portion of your debts (or at least to keep the credit card companies from calling). Depending on your financial situation, we may strongly discourage you from draining your retirement account. In dark financial times, it may seem like a good idea, but you may regret it down the line once you are older and could greatly use the retirement funds. Instead, schedule a consultation at our bankruptcy law firm in Memphis, TN so that we can give you advice and go over your options.

What if I am facing a foreclosure or have been repossessed?

Having your vehicles or other property repossessed because of late payments can be one of the most stressful days of your life. There is no feeling like having someone with power take a vital form of transportation from you. Additionally, facing a foreclosure on your home can be overwhelming and you may not know how to get yourself out of the situation. Every person’s situation is unique, so the best way to get advice on fighting a foreclosure or repossession is by contacting a lawyer. 

To hear the answer to how do I choose a bankruptcy law firm, contact us at Darrell Castle and Associates, PLLC right away.