Finances are an extremely personal matter and can be a touchy subject. If you and your family are facing financial hardship and you are questioning whether or not you should hire a bankruptcy attorney in Belvidere, Il, chances are, you could benefit from our team of professionals at the Crosby Law Firm. We can help you face this difficult time and develop a plan to relieve your debt.
You’re Taking from Your Retirement Funds
If you’ve put in the time and effort to build a retirement fund for yourself, that money should stay in the fund until you retire. People who are facing financial hardships are oftentimes tempted to take money from their retirement fund prematurely. The truth is, this will only further hurt your financial situation down the road. Before you take from your retirement fund, contact our bankruptcy attorney near Belvidere, Il.
You Can’t Pay Your Monthly Bills
This is a sure sign that you need financial help. If you know that you cannot pay your monthly bills on time, it is best to be as upfront and honest as you can with both yourself and your bank. Being proactive about the problem is a good approach to take. Especially if creditors are harassing you to pay certain debts, filing for bankruptcy will eliminate this type of harassment.
Your Credit Card Balance is High
Getting into the habit of only paying the minimum on your credit card every month can have a snowball effect. If your credit card balance is high and you know that you cannot pay it off, our team of bankruptcy attorneys in Belvidere, Il can help you determine the right course of action for your situation.
Contact the Crosby Law Firm for help regarding your financial hardships!
