Port St. Lucie Stop Home Foreclosure Lawyer
Are you worried about whether you may need to file for bankruptcy? A skilled attorney can help you understand the signs of debt problems and develop a debt relief plan that works for you.
At the law office of Alan J. Fisher, we look for effective solutions to our clients' financial problems, including Chapter 7 and Chapter 13 bankruptcy. From our offices in Port St. Lucie, Lake Worth and Boca Raton, bankruptcy attorneys at our firm can work with you to stop home foreclosure and stop creditor harassment. For a free initial consultation, contact our bankruptcy law firm to discuss your legal options.
Signs You May Be Headed for Bankruptcy
Attorney Alan J. Fisher has handled more than 12,000 bankruptcy cases. As a result, he knows and understands some of the common signs of debt problems, such as:
- Poor use of your credit card: If you are maxing out your credit cards or using your card to pay for necessities like rent, gas or food, you could be facing bankruptcy. Merely making the minimum payments is another sign that you cannot afford your debt. It can take 20 to 30 years to pay off credit card debt if you only pay the minimum.
- Overusing or abusing home equity loans: A home equity loan or line of credit is meant to help people with home repairs and improvements. These should not be used to pay for credit card payments or necessities.
- Tax problems: If you owe money to the IRS, they can garnish your wages or place a tax lien on your property. Bankruptcy can put a stop to IRS/tax problems.
- No emergency fund: A medical problem or an accident can wipe out your finances. If you have no savings or emergency funds and you cannot afford to pay your bills, you may need to declare bankruptcy.
- Cannot make your mortgage or car payment: Falling behind on your car payments can lead to repossession; a missed mortgage payment can put you into foreclosure. Bankruptcy can stop foreclosure and stop repossession of your possessions.
- Co-signing for friends or family: Co-signing for a friend or family member to help with an apartment application or loan places you at risk. If they default on the loan or the rent, your finances will be on the line and can send you quickly and unexpectedly into debt.
- No health insurance: Health insurance is vital to covering high medical costs that can come with even the simplest procedures. Without health insurance, an appendectomy can cost you thousands of dollars and send you quickly into bankruptcy.
Contact a Lake Worth Home Equity Loans Lawyer
We can help you find the debt relief you need if you are facing bankruptcy in Florida. Contact a Lake Worth home equity loans attorney at our firm to talk about your financial future.
