During the holiday season, many people are acutely aware of their finances. If you are struggling to make ends meet and you have considered filing for bankruptcy protection, it might be time to take action. Most people admit that dreading filing was much more difficult than actually doing it! If you are procrastinating filing a Chapter 7 or Chapter 13, it is important to consider what is stopping you from taking the next step.
Many clients have admitted that they feel that they fear that by filing a bankruptcy, they will be viewed as a failure. In most cases, however, bankruptcy is what the individual needs to move forward and be successful in life. Filing a case is the first step in taking charge of your finances and obtaining a fresh start. Many people believe they are the only ones having financial struggles, so they want to hide it from others. However, in today’s economy, most everyone is on a budget. You might be surprised to learn that people you see everyday have already filed a bankruptcy case at some poing in their life. Lastly, you may view bankruptcy as a type of punishment for not being able to pay your bills. However, the bankruptcy process was created to benefit debtors. The whole goal of the bankruptcy process is to provide you with a fresh financial start, not to punish you. The longer you wait to file your case, the deeper into debt you can get. The stress and worry about finances can negatively impact your health and your family life. As the New Year approaches, take action and contact Levitt & Slafkes to discuss your debt relief options. If you are interested in learning more about filing a bankruptcy case, contact Levitt & Slafkes, P.C. We are experienced in handling a variety of bankruptcy issues. Our offices are conveniently located in South Orange, New Jersey. Please call us at 973-323-2953 or online to schedule your free initial consultation today.