According to a study conducted by the Harvard Bankruptcy Data Project, Americans suffer greatly before filing for bankruptcy since BACPA, the Bankruptcy Reform Act. By the time people file for bankruptcy, they have more debt than before the reform.
If you find yourself in a situation where you wonder about options, it is a good idea to consult with a bankruptcy attorney sooner than later. Even if you decide not to file, or to wait to file, you will at least have some information that might ease your burden.
Disclaimer: This blog is for informational purposes only and does not establish a client-attorney relationship. Consult with an attorney before taking action on any information found herein as individual circumstances may affect the applicability of information provided. Call The Law Office of Michael Riley at 508-405-0831 with any questions.
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