' How Do You Recover From Bankruptcy? - Law Offices of Robert M. Geller
CALL NOW!
FREE PHONE/VIRTUAL CONSULTATION

Financial Tips to Help You Avoid or Recover from Bankruptcy

If 2016 was a less than a stable, much less extraordinary financial year for you, here are a few things you can do in 2017 to avoid making your situation worse.

Enroll in Counseling and File for Bankruptcy Now If Things are Dire

If your financial situation is more troubled than the average person, it’s a good idea to consider taking action as soon as possible. Being proactive can help you make a fresh start in 2017. There’s still time to enroll in credit counseling and determine if bankruptcy is the best option for you. It’s tempting to put it off, but there really are a number of benefits to filing now, as opposed to waiting.

For information about legitimate credit counseling services, check out this information from the Federal Trade Commission.

Take a Long, Hard Look at Your Resolutions

If bankruptcy isn’t the best option just yet, you should still be honest with yourself about your finances. How bad are things really? Could you just stand to tighten the belt a little in the New Year or are all the signs pointing toward financial disaster.

It’s important to look at the pros and cons of financial struggles. For instance, you should consider if you are earning enough to make ends meet and make changes, if necessary, to keep yourself from falling behind. But it’s also a good idea to consider long-term financial goals. Do you want extra money to travel? Are you hoping to support your children years from now when they enter college?

There are reasons why bankruptcy might be a good idea now if you have lofty goals several years down the road. The sooner you get back on track financially the more likely you are to reach those goals.

Commit to Being Vigilant with Your Resolutions

Whatever you decide to do to improve your financial situation in 2017, it’s important you stay committed. The best laid plans are often derailed by life’s emergencies, so you’ll want to have a plan, whether you file for bankruptcy or not.

If you are married, it’s a good idea to have an honest discussion with your spouse about your financial situation. You both need to be on the same page with your plans to fix your problem, as well as where you see yourselves financially in the future. It might help to sit down with a professional who can share specific details about bankruptcy and how it applies to your situation.

Now is the time to look forward and get ready for a brighter financial future in 2017. For more information or to discuss the possibility of bankruptcy with a professional, contact the Law Offices of Robert M. Geller at 813.254.5696.

Archive

Video Testimonials

Tampa Bankruptcy Law Blog

How to Get Out of Debt: Exploring Your Options

Debt is a pervasive issue that affects millions of people worldwide. It is hard to escape debt, especially if you...
Read More

How Will Bankruptcy Affect My Child Support Obligations?

Parenting can be tough, and it's even harder when you're facing financial difficulties. Struggling with debt and bankruptcy can cause...
Read More

Student Loans: Is Discharge in Bankruptcy Possible?

Student loans have become a necessary evil for most students to pursue higher education. The cost of education has increased...
Read More

Should I File Bankruptcy for Credit Card Debt?

Credit card debt can be a huge burden on our financial lives. The pressure to make payments, maintain balances, and...
Read More

Can Bankruptcy Stop Wage Garnishment?

Wage garnishment is a legal process in which a creditor can collect a debt by receiving a court order that...
Read More

Bankruptcy Guide: How It Works, Types, and Consequences

Dealing with money problems can be a stressful and overwhelming experience. Sometimes, debt can become unmanageable, and it may feel...
Read More

What to Say to Someone Going through Financial Problems

Financial problems can be one of the most stressful experiences a person can go through. If you know someone who...
Read More

How Do People Get Into Debt?

How do people get into debt? Are you struggling with debt? Do you feel like the weight of your financial...
Read More

Don’t Fret About Debt

Debt can be a huge source of anxiety and stress for anyone. Whether caused by an unexpected medical expense or...
Read More

2023 Bankruptcy News

Bankruptcy is a concern for many people. For some, debt is a grim reality that affects all aspects of their...
Read More

Bankruptcy

For The Next 5 Days GET A FREE BOOK About Bankruptcy

Learn More

Infographics

We are A Debt Relief Agency.
We help people file for bankruptcy under the Bankruptcy Code

Pay Online Bankruptcy Courses Newsletter Subscription

Call For A Free Initial Consultation

813.254.5696

Tampa Office

Law Offices of Robert M. Geller, P.A.
807 West Azeele Street
Tampa, FL 33606
T: (813) 254-5696
T: (800) 853-7549
F: (813) 253-3405

Map And Directions

St. Petersburg Office

Law Offices of Robert M. Geller, P.A.
125 5th Street South
(Wells Fargo Financial Center)
2nd Floor, Suite G
St. Petersburg, FL 33701
T: (727) 532-3939

Map And Directions

Pasco Office

23526 State Road 54
Lutz, FL 33559
T: (813) 336-2320

Map And Directions