Call Now!
Call Us 414-326-9231 608-260-7133 Text Us 414-326-4709
${site.data.firmName}${SEMFirmNameAlt}

Why wait when bankruptcy might be the healthiest option available

Dealing with the burdens of debt can be a stressful and harrowing experience. If you are constantly struggling just to make ends meet, you could be scouring over every possible outlet for relief in search of the one path that is right for you, but you might already know the direction you wish to take.

When it comes to deciding on a path to protect your financial future, you may feel it best to take your time and get it right. However, time may be of the essence, and by waiting to file for bankruptcy out of fear of the unknown, you could be experiencing unnecessary levels of stress.

Knowing when to file for bankruptcy

While filing for bankruptcy is a major financial decision, it could also be the healthiest option available to you. Some tips to help you gain an understanding of when it might be necessary to consider bankruptcy as a viable option may include:

  • Substantial amounts of debt: If your debts take up a significant portion of your income, you may be finding it increasingly difficult to get by, and it might be necessary to consider a long-term financial solution.
  • Using debt as a financial tool: Using a credit card to pay down on debts, or to cover medical bills, can be a sign that your financial concerns may only continue to grow deeper.
  • Lesser quality of life: Prolonged struggles with debt can leave you suffering a lesser quality of life and cause you to skip out on essential items such as food.
  • Eligibility for discharge: Many or most of your debts may consist of credit card balances or medical bills, and similar unsecured debts could be eligible for discharge through bankruptcy.

High amounts of debt can have a devastating impact on your life and leave you wondering if there is a light at the end of the financial tunnel. If you are facing significant financial hardships, it may be in your best interest to speak with someone with experience in the area for advice.

Obtaining advice

While you might be in search of some much-needed debt relief, with numerous options to choose from, you could be feeling somewhat overwhelmed and in need of guidance. You could choose to speak with someone who is knowledgeable in federal and Wisconsin state bankruptcy laws for advice on all the outlets of relief. This type of guidance could help you choose the correct path with which to pursue relief from the trials of debt and begin working toward building a brighter financial future.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Free Case Evaluation

* indicates required field

Miller & Miller Law, LLC
  • VISA
  • Master Cards
  • Discover
Milwaukee Office map Madison Office map Kenosha Office map

633 W Wisconsin Ave, Suite 500
Milwaukee, WI 53203

Phone: 414-312-6581
Fax: 414-277-1303
Milwaukee Office

2810 Crossroads Drive
Suite 4001
Madison, WI 53718

Phone: 608-260-7133
Madison Office

6123 Green Bay Road
Suite 210
Kenosha, WI 53142

Phone: 262-326-1669
Kenosha Office

Appleton Office
4321 W. College Ave.
Suite 200
Appleton, WI 54914

Phone: 920-280-3838
Appleton Office

Brookfield Office
200 S. Executive Drive
Suite 101
Brookfield, WI 53005

Phone: 262-261-0665
Brookfield Office

Glendale Office
6333 N. Green Bay Avenue
Glendale, WI 53209

Phone: 414-973-8662
Glendale Office

Fax: 414-277-1303 - We also have offices in Appleton, Glendale and Brookfield to better serve you.