When To File Bankruptcy?

When you are overwhelmed by debt and struggling to pay your bills, you may not feel like you have a lot of options. Feelings of depression and hopelessness are common emotions and it can be scary to deal with your financial problems on your own. Luckily, you don’t have to deal with these issues on your own, attorneys at the Koehler Law Office can help. Bankruptcy may be a solution to your financial problems, but it can be hard to tell if your situation is severe enough for it.

When Should I File Bankruptcy?

The best time to file bankruptcy is when you have no other options for getting out of debt. Bankruptcy has many advantages but it also has some disadvantages. Bankruptcy does eliminate debt, but you may still have to pay back some of your debts and you could lose some of your personal belongings in the process. If you have considered all of your options and believe that bankruptcy is your only way out of debt, it may be time to file. Bankruptcy attorneys at the Koehler Law Office can help you compare options and determine if bankruptcy is right for you.

What Do I Have To Lose?

Many people are hesitant to file bankruptcy because of the negative effects it can have on their lives. It’s true that you may have to give up or liquidate some of your personal items in order to pay back the creditors. Another downside of bankruptcy is that it does leave a negative mark on your credit. Of course, every situation is different and your attorney can help you avoid negative scenarios if possible.

A Bankruptcy Attorney Can Help With Your Case

If you have questions about bankruptcy or think you may be ready to file, call bankruptcy lawyers at the Koehler Law Office today. You deserve to have your questions answered and you deserve support during such a stressful time in your life. Call an attorney who cares. Call (812) 785-8191 today.


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Koehler Law Office


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