CALL FOR A FREE
INITIAL CONSULTATION
813.254.5696

BRIDGING YOU TO A BRIGHTER FUTURE

Financial Tips to Help You Avoid or Recover from Bankruptcy

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.

 

Tampa Bankruptcy Law Blog

Automatic Stay and Bankruptcy: What it Will and Won’t Do

Bankruptcy Automatic Stay The automatic stay is what pushes many people into filing for bankruptcy. They might be headed in...
Read More
Tips for Protecting Your Home in Chapter 13 Bankruptcy

Tips for Protecting Your Home in Chapter 13 Bankruptcy

Protecting a Home in Chapter 13 Bankruptcy Protecting a home is one of the primary reasons people file for Chapter...
Read More
Is It OK to Schedule a Yard Sale before Filing for Bankruptcy: How Selling Your Stuff Can Get You into Trouble

Is It OK to Schedule a Yard Sale before Filing for Bankruptcy: How Selling Your Stuff Can Get You into Trouble

Transferring or selling assets before bankruptcy There are plenty of ways someone dealing with financial problems can make money and...
Read More

Why Might Chapter 13 Be Unsuccessful?

Chapter 13 Bankruptcy Failures Filing for bankruptcy can be one of the smartest decisions you ever make and bring massive...
Read More

What to Do If You Skip a Creditor When Filing for Bankruptcy

Bankruptcy Schedule Mistakes Mistakes are made all the time in life, but when you make a mistake in bankruptcy it...
Read More
How Much Time Will Your Bankruptcy Take?

How Much Time Will Your Bankruptcy Take?

Does Bankruptcy Take a Long Time? If you’re facing financial challenges and ongoing harassment by creditors, the last thing you...
Read More

How to Stop a Debt Collector from Wreaking Havoc on Your Life

Creditor Harassment, Debt Collectors There’s no denying it: debt collectors can create a significant disturbance in your life. They’re annoying,...
Read More
What Happens After Bankruptcy Discharge?

What Happens After Bankruptcy Discharge?

Bankruptcy Discharge One of the most exciting things that will happen to you when you file for bankruptcy is receiving...
Read More
What Should You Disclose in Your Bankruptcy Filing?

What Should You Disclose in Your Bankruptcy Filing?

Bankruptcy Disclosure Laws If you’re about to file for bankruptcy or you’ve begun the process of filing, you already know...
Read More
What You Should Do If a Creditor Sues You

What You Should Do If a Creditor Sues You

What to do if a creditor sues Receiving notice you’re being sued by a creditor can be one of the...
Read More

Contact Us

Search Website

Archive

Request a FREE Consultation

For The Next 5 Days Get A Free Book About Bankruptcy


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

Pay OnlineBankruptcy Courses

comodoavvo1avvo2avvo3LEA

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


Tampa Bankruptcy Lawyers Map

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





Maps & Directions

At the Tampa Bay law firm, the Law Offices of Robert M. Geller, P.A., we help people with consumer bankruptcy matters in the Tampa Bay-St. Petersburg,  Florida communities such as Clearwater,     St. Petersburg, Tampa, Thonotosassa, Riverview, Lutz, Plant City, Brandon, Carrollwood, Wesley Chapel, St. Petersburg Beach, Lakeland, Mulberry, Dade City, Pinellas Park, Largo, Seminole, Odessa, Oldsmar and Lithia, and counties such as Hillsborough County, Pinellas County, Pasco County, Polk County and Manatee County.