Life is stressful enough without overwhelming debt. When overwhelming debt is part of your life, normal life issues become amplified and much harder to handle. Creditors are breathing down your neck, your 7-year old wants to join a dance studio, gas prices keep rising and you are continually stressed because you can’t make your payments and keep everyone satisfied. They say money can’t buy happiness, but why does having no money cause so many horrible thoughts and feelings?
Bankruptcy Attorneys
John Kain and I are bankruptcy attorneys and we understand the situation you are in. Together we have helped hundreds of debtors get their life back – and we want to help you, too.
In this video I discuss common thoughts and issues that arise due to overwhelming debt and financial struggles. We have seen every possible reason under the sun for filing bankruptcy; bad things happen to good people and we understand that life and debt can easily spin out of your control.
Overwhelming debt can cause sleepless nights, depression, arguments and disagreements, blame placement, shame and stress – on yourself, your relationship, your family, your employer and more. Don’t let it control your life, get debt help you can trust.
Reasons for Seeking Debt Help
We don’t judge you, we know you called us to get your life back and we want to do everything in our power to help. Here are the top five situations we come across as we provide debt help to those working toward getting their lives back:
- Business Failure
A business failure consists of a lack of income plus additional expenses above and beyond everyday living expenses. This combination of circumstances, depending on severity, can quickly damage any financial situation. - Income Drop
It is easy to understand why a drop in income can cause financial struggles. Here is a visual display of how the average U.S. consumer spends their paycheck:
A drop in your total paycheck amount can cause difficulties in sticking to your budget or making full payments on all of your monthly obligations. - Divorce
According to a study done at Utah State University, “Researchers have estimated that individuals with annual incomes of more that $50,000 have a lower chance of divorce (compared to individuals with annual incomes less than $25,000). Finances can be stressful.” - Medical problems
Overall, an estimated 79 million people over the age of 18, including 7 million elderly adults and 72 million adults ages 19 to 64, reported medical bill problems or accumulated medical debt. - Bad Financial Decisions
Poor financial management and decisions can range from lack of a budget, poor spending habits, deficient money management skills and more. These can happen to anyone, especially if you are unfamiliar with having and managing money.
You are Not Alone
The U.S. News & World Report shows the following statistics:
- 70% of American consumers are in debt
- 73% of those American consumers in debt are between the ages 18 – 49
- 30% with credit card balances don’t pay full monthly payments
- 40% of debtors have a total monthly obligation amount that is greater than half of their monthly income.
Clearly, you are not alone. Don’t let fear stop you from getting your life back in control. You aren’t the first to lose control, and you won’t be the last.
Bankruptcy Attorneys – Debt Help You Can Trust
We have the legal background and knowledge to provide you with an educated debt solution recommendation for your circumstances. We provide free, no-obligation consultations where we will assess your situation and discuss all of your debt solution options. Additionally, we will discuss advantages and disadvantages for each option and the reasoning behind why we recommend a specific solution.
Our clients say it best:
“No words can express my thanks and gratitude for all of your hard work and the many ways you have helped me. I have my life and a future back. The weight off my shoulders is so amazing. Thank You! Thank You! You were all life savers.” – Jim
We want you to experience the feeling of having this weight lifted off your shoulders. Request a free, no-obligation consultation today to start your journey toward debt freedom.
