Knowing When to File
When your personal or business debts become more than you can handle, looking into bankruptcy may seem like a big step. However, hesitating to take decisive action can create more problems and leave people in more financial trouble than they were initially. Confronting your fears and dealing with the burdens that are overwhelming you is the best way to get past this challenging period and secure a fresh start.
If you or someone you love is interested in discussing bankruptcy options and learning about the ways that this legal process can help you, contact the Houston bankruptcy attorneys at the Russell Van Beustring P.C., at 713-973-6650. We can help you investigate your debt relief options and make a plan that suits your specific needs.
Why You Should Act Now
By taking action to deal with your debts, you may be able to avoid unnecessary emotional strain associated with your financial situation and keep matters from worsening. Below are important reasons to investigate your bankruptcy options sooner rather than later:
- Some people believe that by digging into their savings, 401k’s, and IRA’s, they will be able to pay off debts and sort out their finances again. Sadly, this rarely works and more frequently puts the debtor in a worse financial situation than before.
- By dealing with debts now, you will avoid sacrificing what savings you already have, and be able to take advantage of the years that most Americans make the bulk of their income. Don’t let these years pass you by because you are swamped with debts and constantly paying off the overwhelming financial obligations that have built up in previous years.
- The sooner you take action, the sooner you can re-establish your credit and put yourself back in a strong financial position. By filing for bankruptcy, you may be able to free yourself from the burdens that are holding you back from the fresh start you need.
At the Russell Van Beustring P.C., we can help you take the action that is needed to get you out of financial duress. Do not hesitate any longer. Contact our offices at 713-973-6650 to get more information about our services or to schedule a consultation with a knowledgeable Houston bankruptcy lawyer today.