AS we prepare to wrap up another year, I still see a lot of families who are at the end of their financial rope with no place to turn for help with all types of debt problems. Some of them are paralyzed and feel stuck in their situation, unable to move forward and afraid that they might make the wrong decision. So they continue to live in fear not knowing what creditors might do next. This is a scary situation to be in, I understand, but let me tell you that things don’t have to be this way.
If you have ever been in debt, you know what I mean. Have you ever received that dreaded collection letter that says you need to pay now or else something really bad is going to happen to you? That could mean that you’re being sued by a creditor or if there’s already been a judgment, that your wages will now be garnished. And then there’s also the bank levy- every bill collector’s sneaky way of freezing your bank account without warning.
How are you going to pay your bills if one day you find out that whatever little money in your bank account has been wiped out to pay a judgment? That will not be a good day, I guarantee you that.
Fact: You’re NOT Alone, And It’s Not Necessarily Your Fault!
The truth is that we are living in extremely difficult times. Over the last several years, I have seen a lot of people lose their homes, savings, retirement plans and everything that they’ve worked hard for in their struggle for financial survival. More and more people are finding it difficult or impossible to pay their credit card bills, mortgage, personal loans, medical bills and all other debts they’ve incurred for living expenses.
Contrary to what some people may think, these people are your everyday, honest, hard-working individuals just like you and me who just want the best for themselves and their families- but for mostly reasons beyond their control, they have found themselves in a very tight financial spot. You may be currently having trouble paying your bills for any number of reasons:
– You lost your job.
– Your business failed.
– You separated or got divorced
– You suffered an illness or injury that left you with uncovered medical bills.
– You have maxed out your credit cards because you’ve been using credit out of necessity to pay even for basic necessities like food, clothing, rent, mortgage or property taxes.
– You cannot get a home equity loan like you used to because your house has no equity.
The interest rate on your mortgage has reset from the initial rate and your mortgage payments have become unaffordable.
Whatever the reasons might be, you need a solution to get out of the financial mess that you’re in- the sooner the better. Marriages and families often break up during a financial crisis because it puts an enormous amount of stress on relationships. And if you have children who are depending on you for support, the family’s security and financial future are at risk.
If your family’s welfare is at risk due to pending collection actions against you, you need to act quickly before it’s too late. Sadly, most people don’t get the right information that they need to get help because they are fed all kinds of misinformation- some of it from the bill collectors themselves. For example, they may tell you that bankruptcy is the ‘worst thing you can ever do’ or that you will probably not qualify anyway so what’s the point. These are typical lies that bill collectors often tell you because they don’t want you to know your legal rights. Don’t fall for this. Seek the advice of a competent bankruptcy attorney who can help you review your options.
I offer a free one-hour consultation to everyone who needs help in getting out of debt, whatever debt problems they may have (credit cards, personal loans, judgments, student loans, medical bills, IRS taxes, just to name a few). For a free CONFIDENTIAL consultation, please call Toll-Free 1-866-477-7772. We have offices in Glendale, Cerritos and Valencia.
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None of the information herein is intended to give legal advice for any specific situation. Atty. Ray Bulaon has successfully helped thousands of clients in getting out of debt. For a free attorney evaluation of your situation, please call Ray Bulaon Law Offices at TOLL FREE 1 (866) 477-7772.