Common Causes of Bankruptcy
Handling any kind of debt can be extremely stressful. You may dread receiving bills in the mail and seeing how far behind you are. Are creditors constantly calling your home and harassing you for money? Are you concerned about how you will continue supporting your family? When struggling to pay the bills, there is no need to be embarrassed or ashamed. Seeking out help and obtaining professional guidance can often be the best long-term solution. The NJ bankruptcy attorneys at McDowell Posternock Apell & Detrick, PC have over 80 years of combined experience helping good people just like you get out of debt. Let us help put you on the road to financial recovery.
It is often assumed that people who declare bankruptcy were irresponsible with their finances, but the truth is there are many situations that can prompt the decision to file for bankruptcy. Some circumstances may be beyond your control, so declaring bankruptcy doesn’t mean you have done anything wrong.
Some of the most common causes of bankruptcy include:
- Outrageous medical bills
- Job loss
- Credit card debt
- Tax debt
- Student loan debt
- Motor vehicle loan debt
- Home mortgage debt
Seek Bankruptcy Advice with a Free Consultation
If your bills are piling up and you have fallen behind, we are here to help. Once you have a skilled South Jersey bankruptcy attorney on your side, all the pieces will begin falling into place, and you can begin the financial recovery process. Call McDowell Posternock Apell & Detrick, PC today or fill out the contact form to schedule your free phone consultation and find out if bankruptcy is the right option for you.