Talking with a Bankruptcy Attorney
Are you worried about your finances? We think you should take the matter as seriously as possible. The thing about a financial situation is that you will always assume things are going to work out, but they can get even worse before you even think about it. Why? Because when you are in debt, it is only going to get larger and more problematic as time goes on. You may think that you will easily be able to repay your debt when you get a better job or some investment comes off, but the longer you wait, the more unlikely any redemption is going to be for you.
So, what can you do? There is a solution you may not like, but it is one that can help you. It is to talk with a bankruptcy attorney St. Louis about the matter. If you have already spoken to your accountant, or you have gone over the numbers yourself, you will come to the realization that you cannot repay your debts in their current state. It is not because of a lack of trying. It is because you merely do not have the money. You cannot make the money magically appear, so you need a new option.
What can you do? We think that you should look at the bankruptcy option, even if it is one that you are not going to enjoy. We think it could provide you with the lifeline that you need. Whether we are talking about chapter 7 or chapter 13, it could suit you in a big way. You will be able to get your debts settled, you can figure out repayment plans for the ones that are not written off or paid completely with your sold assets, and you can start fresh to make sure this does not happen again.