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There are few things in life as joyous as seeing the face of a loved one unwrapping a holiday gift. It's certainly easy to understand how holiday shopping can get out of control and lead to some compromising financial situations. Thomas A. Corletta, Attorney at Law, is a bankruptcy lawyer who has been serving the Rochester area for over 35 years. Here he shares a few tips on managing post-holiday money predicaments.

Exercise Restraint: Even though it may be tempting to overspend on holiday gift-giving; the best advice is to avoid overspending. Do not rely on high interest credit cards and worry about paying them back later. You should live within your budget and buy only what you can comfortably afford to spend and/or repay within a short period of time. If your debt becomes unmanageable, contact Attorney Corletta to learn about Chapter 7 or 13 bankruptcy. Chapter 13 Bankruptcy allows you to restructure your debts into a more workable payment arrangement. However, the best advice is to be responsible and not place yourself in that position.

Do Your Taxes Early: It's always a good idea to prepare your taxes as soon as possible after the holidays. Any refund you have coming is really an interest-free loan to the government. Get your money back as soon as possible. Apply any refund money toward your holiday shopping balances.

Get A Fresh Start: Holiday overspending can easily lead to debts. You cannot afford to repay. If you are buried in debt and see no realistic hope of getting out, Chapter 7 bankruptcy protection may be the only option. Attorney Corletta will work with you to see if this is a viable option for you.

Call Thomas A. Corletta, Attorney at Law, at (585) 546-5072, or visit him online to schedule an initial consultation. As one of the area's leading civil and criminal defense trial attorneys, he has a solid track record of representing clients in many different legal areas. Break free of your holiday debt, and call Attorney Corletta today.

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