It is a tough decision to make.  Would it be smart for me to file bankruptcy or are there other choices?  Answering this question is not always based on numbers; it can be dependent on emotions and stress levels.

Below is a checklist that the American Bankruptcy Institute has compiled for those considering filing bankruptcy?  If several of these scenarios apply to you, filing bankruptcy may be a good idea:

•    Your wages have been garnished or your bank account has been attached
•    Most of your debts are unsecured debts like credit card bills, hospital or doctor bills, etc.
•    Your total debt, not including your car or house loan, is more than you could pay, even over five or more years
•    Collection agencies are calling you at home and/or at work
•    Your payments are more than 30 days behind on more than one bill
•    There are lawsuits pending against you
•    You have high medical bills not covered by insurance
•    You owe income taxes that you are currently unable to pay
•    You have few assets
•    You have little or no savings
•    You have had property repossessed (such as a vehicle)

At Kerry Steigerwalt’s Pacific Law Center, we have qualified San Diego Bankrupcty Lawyers and offer a Free Debt Evaluation for San Diego. There is no cost for you to set up an appointment to come in and discuss your case.  We can also start your bankruptcy case by telephone.

Please call 1-800-508-0000 and ask for information on bankruptcy by phone.

Tags: Bankrupcty, Lawyers, San Diego