With most people who owe money to several different sources, the temptation to fall behind with payments is always there. When this happens, a bankruptcy lawyer is the person to turn to for professional help. Debt relief is perhaps the only way to get through the problem without losing everything that the person has worked for.
Many people live far beyond their means, trying to keep up appearances and letting the children have everything that they want is the fastest way to fall into the trap of unpaid bills. Even buying coffee or lunch every day while at work soon adds up to hundreds of dollars a month. Add on all the things that children do after school, the car payments, the fuel costs and everything else that comes with a family, and it is easy to see that the bills will just escalate to the point where very few would be able to pay their way comfortably.
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Of course, long before these bills become a problem, many people will know that they will get into some difficulties. However, just as many close their eyes and do not want to think about what happens when the money runs out. This sometimes comes as a bit of a shock but the best thing to do is to sit down and add up all that is owed. With this in mind, cuts can be made to the family budget until things get on an even keel again.
If this is not done, or not completed in a timely fashion, inevitably the bills will become too much. Eventually the family start to fall behind with payments and this is when penalties will be added to compound the problem. Thus starts the downward slope into court cases and bailiffs coming to call.
If the family feels that the problem is about to turn bad, the best thing to do is to contact an attorney who is well versed in this kind of case. He will know which action to take to help the individual get out of this situation.
Filing for Chapter 7 or Chapter 13 is probably the best route for the individual who finds themselves hard pressed to pay all their bills. Chapter 7 is the first avenue where the family will be means tested to see if there is any surplus income over reasonable expenditure. If there is none, and the family seems to be in dire straits, then the debt will literally be wiped out by the court.
For those who have a surplus over the expenditure, the judge will require them to file for Chapter 13 which means that they will pay the debt, but without any credit charges or without any penalties that will make it easier to pay off what is owed.
Of course, the easiest thing to do is to look after the expenses that the family is accumulating. Budgeting is a good habit to instill into young children at an early age and this would save on the embarrassment of being means tested.
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