Should You Think About Filing for Bankruptcy?
Debt problems can slowly build for a long period of time before spiraling out of control. You may believe or at least have hope that you can manage your debt problems and find a way to repay your creditors. As your financial picture deteriorates, you may feel the need to take increasingly drastic measures.
Before you do something you will regret, you may want to consider talking to a lawyer about bankruptcy. We are the lawyers of Minnillo & Jenkins, CO. LPA. With locations in Cincinnati, Dayton and Columbus, our attorneys serve clients across Ohio and Northern Kentucky. We are prepared to give you the advice you need about the bankruptcy process.
While most of the people we talk to are in some kind of financial distress, some problems are certainly worse than others. If you are experiencing any of these problems, it is very likely that bankruptcy is right for your situation.
- You are dipping into your 401(k) or your retirement accounts to pay your creditors. These assets are exempt in bankruptcy. If you are paying creditors with money meant for retirement, you run the risk of being left with nothing.
- You are using one credit card to pay off another credit card balance. These actions get you no closer to paying your debt. Further, if you are only able to make minimum payments on your credit cards, you are also not gaining much ground on your debt.
- You are being named in lawsuits for failing to pay bills. By the time your creditors are bringing lawsuits, they have likely already tried and failed with other collection methods.
If you have taken any of these steps in an attempt to hold off your creditors, it is time to look closely at bankruptcy. The sooner you contact our law firm, the more options you will have. Bankruptcy puts an end to creditor harassment, and gives you the opportunity to repay your debts or get a fresh start altogether. At Minnillo & Jenkins, we work closely with you to help you get the debt relief you need.
To Learn More About Bankruptcy Warning Signs, Contact Minnillo & Jenkins
We offer a free initial consultation to discuss your situation. Call our Cincinnati office at 513-723-1600, our Dayton office at 937-550-1030, our Columbus office at 614-500-4755 or e-mail our law firm.
We are a law firm and a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
