Minnillo & Jenkins, CO. LPA
Hyde Park, Eastgate, Fairfield, Covington: 513-723-1600
Portsmouth: 740-300-2022
Call For A No-Pressure, Free Consultation

Bankruptcy: Forming a strategy for debt relief

Financial hardships are unfortunate circumstances that many individuals in Ohio and elsewhere have experienced at some point in life. In addition to dealing with a great deal of stress, those who experience similar concerns may be uncertain how to protect their financial futures in the process. Upon encountering monetary issues, a person could find it helpful to consult with a bankruptcy attorney for advice in forming a strategy to deal with debts.

There may be a variety of tactics that can help an individual address financial concerns. For instance, there are applications that can help a person address the issues at hand and form a budget accordingly. One could also attempt to make the most of rewards programs on credit accounts such as interest free periods, but it may be advisable to proceed with caution when using a credit card, as with high interest rates on balances that aren't paid in full, there could be consequences to a similar decision.

Those who face substantial amounts of debt could also consider arranging automatic payments to prevent late fees and ensure that payments are made on time. Unfortunately, for those who are going through extended periods of monetary strain, setting up automatic payments may not be possible. In some cases, a person could also consider selling certain possessions to help cover financial obligations, but this might not always be an option.

Dealing with high amounts of debt can be a harrowing experience, and those who experience similar concerns may be uncertain where to turn for advice on how best to protect their finances. Fortunately, there are attorneys who can provide a person in Ohio with guidance in understanding each of the available options. A bankruptcy attorney can help a client choose the best path with which to pursue relief from debts and subsequently assist him or her in navigating the process.

Source: USA Today, "Burdened with debt? How to increase savings, reduce debt effectively", Robert Powell, Accessed on May 29, 2018

No Comments

Leave a comment
Comment Information
Email Us For A Response

How Can We Help You?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Contact us right now for a free bankruptcy consultation

NACBA - National Association of Consumer Bankruptcy Attorneys

Proud Member NACBA

We are proud members of the NACBA, a national organization dedicated to serving the rights of consumer debtors. Read More

Super Lawyers

Jenkins Named Super Lawyer!

Founding partner, Christian A. Jenkins, was selected by his peers and the media as a Super Lawyer. Read More

Hyde Park Office
2712 Observatory Avenue
Cincinnati, OH 45208

Phone: +1-513-723-1600
Cincinnati Law Office Map

Eastgate Office
792 Eastgate South Dr
Suite 150
Cincinnati, OH 45245

Phone: +1-513-723-1600
Cincinnati Law Office Map

Fairfield Office
447 Nilles Rd
Suite 9
Fairfield, OH 45014

Phone: +1-513-723-1600
Fairfield Law Office Map

Covington Office
526 Philadelphia St.
Suite 5
Covington, KY 41011

Phone: +1-513-723-1600
Map & Directions
Covington Law Office Map

Portsmouth Office
612 Chillicothe Street
Portsmouth, OH 45662

Phone: +1-740-300-2022
Map & Directions
Portsmouth Law Office Map