For all too many people today, it doesn’t take much to upset the delicate financial balance in life. When something unexpected happens, such as losing a job or being injured in an accident, a lot of well-intentioned people turn to credit cards as a temporary solution to pay their bills, only to find themselves drowning in debt they can’t repay later. This often creates a cycle of debt that most people can’t get out of without having to declare bankruptcy. As a result, millions of people each year have had to file for bankruptcy.
If your financial situation is more than you can reasonably handle, bankruptcy can turn out to be a positive step to get you back on your feet. Here are the top three reasons that filing bankruptcy in San Diego could help you:
The important thing is that by taking action to solve financial problems that you can no longer manage on your own, bankruptcy can actually be the most responsible way to deal with debt problems.
The worst thing you can do is to not do anything. If you can move past your debts, start rebuilding your credit, and get back in control of your life, that’s the best solution.
Call my office at Denton Law Group today, at (619) 458-3739, so we can discuss your particular situation and get you on the road to financial recovery.