At King & King we help people find a fresh start. Here are a few reasons people come to us for help.
1. Medical Expenses
Studies indicate that this is the biggest cause of
bankruptcy. Accidents and illness can easily result in enormous medical bills -
bills that can quickly wipe out savings, retirement accounts, college education
funds and even home equity. Bankruptcy may be an option even before these
resources are exhausted.
2. Job Loss
Whether due to layoff or termination, the loss of income
from a job can be devastating. Not having emergency savings to draw from only makes
your situation more serious, using credit cards to pay bills can lead to deeper
debt. If you are unable to find employment quickly it can be difficult to keep your
creditors paid. Bankruptcy can put a stop to all collections.
3. Excess Use of Credit
Credit card bills, Car payments, mortgages, and other loan
payments can spiral out of control. If you find yourself at the point where you
can only make minimum monthly payments, bankruptcy may be the best option for
you.
4. Divorce
Divorce can create tremendous financial strain on both
partners. Legal fees, division of marital assets, decree of child support
and/or alimony, these alone can be enough to cause some to file.
The good news is bankruptcy can give you a fresh start. The
attorneys at King & King can put you back on track so you can stop worrying
and move forward. Call us today at 404-524-6400 for a free consultation or
visit us at www.kingandkingattorneys.com
for more information.
