Posted in Lawyer

8 Reasons You Should Consider Bankruptcy

Bankruptcy can have a devastating impact on your ability to purchase a car, affect your potential to get a home or apartment, and devastate your credit score. That is why many people shy away from declaring bankruptcy until they are forced to announce because of monetary complications. If you find yourself questioning whether you need a restructuring of your financial life, consider these eight reasons for bankruptcy.

Credit Cards

If you find yourself paying one credit card with another credit card every month, it is probably time to contact a bankruptcy attorney Howard County MD.

Second Jobs

If you took a second job to pay down your debt, but your balances are still rising, you may need to consider bankruptcy.

Payment Struggles

If you are making every effort to stay on top of payments, but the money just won’t stretch far enough to cover all your monthly debts, you …

Continue Reading...