Is Bankruptcy an option you should consider?

Is Bankruptcy an option you should consider?

This is a preliminary check list to give you a general idea whether or not Bankruptcy is an option for you to consider.  If even one of the items on the check list apply to your situation, you may want to consult an attorney about the possibility of Bankruptcy.

_____ You owe $5000 or more in debt which does not include a home or automobile..
_____ You  consistently fail to make monthly payments on time.
_____ You often use credit to buy necessities such as clothing and groceries.
_____  You are frequently harassed or contacted by bill collectors and collection agencies.
_____ IYou can only afford the minimum payments on your credit cards.
_____ You are involved in an expensive divorce.
_____ Your wages are being garnished.
_____ You owe more on your car than it is worth.
_____ You are spending more than 20% of your take home pay on bills.
_____ You regularly take out cash advances.
_____ You are facing one or more lawsuits.
_____ You are falling behind on your mortgage or rent payments.
_____ You have growing unpaid medical bills.
_____ You owe income taxes and can't pay now.
_____ You have no extra money to set aside for savings.

 


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