Knowing When to File
When faced with complicated financial challenges, the hardest step in the resolution process can be the decision to take action. If you are experiencing serious personal financial problems or if your business is struggling to repay creditors and remain viable, you may be interested in finding out more about bankruptcy as a debt-relief option. The sooner you make a decision to investigate bankruptcy and regain control of your finances, the sooner you will be able to take advantage of your fresh start.
For information about your bankruptcy options, debt relief, and the ways a lawyer may be able to help you take action, contact the Katy bankruptcy attorneys at the Russell Van Beustring P.C. at 713- 973-6650. We are prepared to make sure you understand your rights as a debtor and help you make a qualified decision about your financial future.
Why You Should Act Now
Looming debts and the constant reminder of financial obligations can cause emotional strain on an individual or on business partners. By taking action now, you may be able to minimize the frustrations that you are experiencing and move past this difficult time. Below are some reasons that the Katy bankruptcy lawyers suggest acting now:
- By taking action now, you may be able to re-establish your credit sooner and begin working towards an improved credit score.
- You may be able to preserve your savings. Many people make the mistake of emptying their savings accounts and draining their 401k’s or IRA’s during their financial crisis. If you apply for bankruptcy soon, you may be able to keep your savings put away for the future while still addressing your debts.
- You can take advantage of your prime earning years. Most Americans facing bankruptcy are well into the years that can be used to build retirement savings and finalize payments from previous years. Don’t let this valuable time pass you by because of outstanding obligations.
The Katy bankruptcy lawyers at the Russell Van Beustring P.C. are available to help you take the first step towards financial freedom. Contact us at 713-973-6650 if you are interested in discussing bankruptcy options with a member of our qualified legal team.