When is the Right Time to Get in Touch With a Bankruptcy Attorney?

Bankruptcy is a major problem in the United States of America, with 2021 seeing a total of 413,616 annual filings. The five types of bankruptcy, namely Chapters 7, 9, 11, 12, and 13, affect individuals, corporations, as well as municipalities. If you’re under financial duress and want to get in touch with a bankruptcy attorney, you may get in touch with the Law Offices of Scott J. Goldstein, located in Denville. They are one of the finest law firms offering their quality services at reasonable rates. However, before getting into that, how does one even know when to get in touch with a bankruptcy attorney?

Losing Assets

If you are not able to make timely payments, it is common knowledge that the bank will take away your most precious asset- your home. This is a sign that you need to get in touch with a bankruptcy attorney.

Bills Overdue

If late payment of credit card bills has become habitual for you, it’s another sign. More fees are added if payments are not made on time, adding another unnecessary financial burden on you, which a bankruptcy lawyer can help with.

Medical Bills

It is common knowledge that medical bills in the United States are exorbitantly high. If your finances took a bad hit upon the pilling of these bills, then taking legal action may be the right decision for you to make.


Recently divorced individuals face a lot of financial hardships because of court fees, alimony, child support, etc. Further legal aid from a bankruptcy attorney may help you reduce your debt and allow you to live your life to the fullest.  

Credit Cards, Every Day

Another sign that you need an attorney is when you start making your daily expenditures, such as groceries, gas, etc., with your credit card. Bills pile up, and if you are unable to pay them, the consequences are quite dire.

In conclusion, bankruptcy occurs for a lot of reasons, most of which are out of your hands. If you’re under financial duress and keep getting caught up in the system while seeking help for the same, then you might want to consider hiring a bankruptcy attorney. Filing for bankruptcy without the aid of a lawyer is not recommended, as the laws are extremely complicated and can put you in difficult positions if not proceeded with correctly. While it is understandable that hiring an attorney is an additional cost, it is advisable in the long run to save yourself from trouble.  

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Jessica Miller