Top Five Signs It’s Time to Call a Bankruptcy Attorney

Contacting a bankruptcy attorneyContacting a bankruptcy attorney is something the average person tends to put off for as long as possible. Unfortunately, waiting too long can cost you even more. Though you do not want to rush into such an important decision, once you know for sure bankruptcy is a reasonable option, you should act quickly. Waiting allows your financial situation to worsen and in some cases, can cost you valuable assets like your home.

The key to good timing when it comes to bankruptcy is recognizing your problem. If you are in denial about your financial struggles and constantly juggling things to avoid admitting you are drowning in debt, you are wasting valuable time. If things only seem to get worse month after month it is time to sit down and carefully consider your situation. Have you been struggling for awhile now? Are you barely getting by from week to week? Are bills going unpaid so you can pay for basic needs? Now is the time to stop hiding and take an honest look at your situation.

There are a few tell-tale signs that can alert you to your need to speak to a bankruptcy attorney. Though every situation is different and every person’s threshold for financial struggle varies, if you are experiencing any of the following, it is time to contact a bankruptcy lawyer:

• You are making only minimum payments on your credit cards each month (if that) and once your bills are paid and necessities are purchased there is no money left for savings or emergencies
• You have several credit cards and each of them is maxed out
• You skip paying some bills to pay others, use cash now or cash advance programs, or have taken money out of your retirement savings to pay bills
• You owe more on your assets than they are worth
• Creditors routinely call you about unpaid or overdue bills

One additional reason you should consider calling a bankruptcy attorney is that you are already just considering bankruptcy. If you have already decided bankruptcy is the best option for you, it is important to work with an experienced attorney who can ensure the process goes smoothly.

If you have decided to pursue bankruptcy or you are dealing with any of the scenarios listed above, you need to speak to an attorney. Contact the law office of Frank J. LaPerch, PC at 845.942.5500.

Frank LaPerch

Admitted: New York and New Jersey State Bar; U.S. District Court, Southern District of New York.

Experience: Frank J. LaPerch graduated from the Quinnipiac University School of Law in 1998. During law school, he interned for the Rockland County District Attorney’s Office. Upon admission, Frank focused his private practice in the following areas: Bankruptcy, Family Law, Real Estate and Criminal Law.

Frank is an active member of the Family and Criminal Law Assigned Counsel program of the Rockland County Bar Association. He has also taught several paralegal courses for the Washington Online Legal Institute (WOLI). Frank is also a former Acting Justice for the Village of Suffern in Rockland County, New York. In his judicial capacity, he has presided over misdemeanor criminal matters, vehicle and traffic cases, felony arraignments, small claims and civil cases.

Education: Quinnipiac School of Law, J.D. 1998; Marist College, B.A. 1995.