No one intends to declare bankruptcy. But life is unpredictable, and sometimes things come up that prevent you from paying your bills. Maybe you lost your job, got sick, had to take care of a loved one, or invested too heavily in a failing business. A bankruptcy attorney can help you get your finances and life back on track.
The Gil Law Firm in Dothan, AL, has been representing clients for over 15 years. The law firm’s founder, Rafael Gil III, has filed thousands of bankruptcy cases for both individuals and companies. Although each case is different, he can recognize some of the familiar warning signs.
Here are three reasons to seek out a bankruptcy attorney to discuss the particulars of your case:
- You can’t pay your balances. This doesn’t mean you’ve simply missed a payment or two. Many people may find themselves short of cash from time to time and may fall behind on their bills. But if you find yourself unable to make minimum payments at all, you may need to consider bankruptcy. The interest on late payments will only increase, so the sooner you talk to an attorney, the better.
- You can't make payments on your home. The volatile real estate market of recent years has left many people paying off homes that will never be worth what they paid. You may find yourself falling further behind and facing foreclosure. But an experienced attorney may be able to help.
- You are being harassed by debt collectors. Do you find yourself being incessantly hounded by creditors demanding their money? By filing a petition, you can get some breathing room.
Getting out from under crushing debt will help you improve your quality of life. By enlisting the expertise of a skilled bankruptcy lawyer, you may be able to keep your possessions, such as your home or car.
If you’re feeling overwhelmed by debt, give The Gil Law Firm a call at (334) 673-0100 to arrange a free consultation, or view the firm's services online.