CALL FOR A FREE
INITIAL CONSULTATION
813.254.5696

BRIDGING YOU TO A BRIGHTER FUTURE

What are Your Options when Faced with Financial Hardship?

Facing financial hardship is a scary experience, but it is one that is quite common. As the economy ebbs and flows, and people struggle to find work and make ends meet, they find themselves deeper and deeper in a financial hole.

Ignoring the problem is the worst thing you can do. Instead, take action to improve your situation. It will take some time, but eventually you can be financially stable and your money woes will be a thing of the past.

What can you do when faced with financial hardship?

Request a Loan

Borrowing money is not always the best option and it can lead to more financial trouble, but it can also help you in the short-term. If you are trying to escape a particularly difficult situation, a loan can help.

Be smart when searching for the right loan for your situation. If you borrow from a loved one, create a written document governing the situation and understand that the exchange of money could ultimately affect your relationship. You must be willing to take that risk before borrowing.

If you qualify, you can borrow money from a bank. Just be sure to examine the terms carefully and have a plan for repaying the loan before you borrow. You also have the option of borrowing from lending institutions that are not banks, but you should tread carefully. These “cash now” lenders charge extremely high interest rates and can cause your financial situation to spin out of control.

Speak with Lenders about Altering Current Arrangements

Whether you are able to borrow money or not, you should contact your current lenders to discuss an alternative arrangement for paying back what you already owe. Lenders are sometimes wiling to alter interest rate adjustments that create lower monthly payments. They might also provide grace periods or extensions on debt that can buy you some extra time.

Work with a Debt Relief Firm

Debt relief firms work with consumers to bundle debt and create lower monthly payments. This can be an effective way to free up funds on a monthly basis, but in the long run it might cost you more. An additional benefit of working with a debt relief agency is it could help you improve your credit. Again, be aware of all the details before agreeing to any arrangement because some of these agencies have shady reputations.

Schedule a Consultation with a Bankruptcy Attorney

Finally, when financial worries are too much and you need to put an end to the stress and harassment, you can speak to a bankruptcy attorney. Bankruptcy is the right option for many people, but they are unaware of the benefits until they discuss their situation with an attorney.

Are financial worries keeping you awake at night? Are you unsure what to do about the bills that are piling up? Now is the time to take action. Contact the Law Offices of Robert M. Gellar for more information about finding financial relief.

Upcoming Changes from the Consumer Financial Prote...
How Does the Supreme Court Ruling on DOMA Affect S...

Related Posts

Contact Us

First Name

Invalid Input
Zip Code

Invalid Input
Last Name

Invalid Input
Phone

Invalid Input
Email

Invalid Input
Case Details

Invalid Input
Security Code *

Invalid Input



For The Next 5 Days Get A Free Book About Bankruptcy



Contact Us For
More Information

Creditor Harassment - Robert Geller Tampa Bankruptcy Attorney


 Creditor Harassment - Robert Geller Tampa Bankruptcy Attorney
Creditor Harassment - Robert Geller Tampa Bankruptcy Attorney

 Tampa Bankruptcy Attorney Robert Geller Lawyer Profile
Tampa Bankruptcy Attorney Robert Geller Lawyer Profile

 Chapter 7 Bankruptcy in Tampa - Robert Geller Bankruptcy Lawyer
Chapter 7 Bankruptcy in Tampa - Robert Geller Bankruptcy Lawyer

 Chapter 13 Bankruptcy Lawyer in Tampa, FL, Robert M. Geller Attorney
Chapter 13 Bankruptcy Lawyer in Tampa, FL, Robert M. Geller Attorney
 
  
 
comodo

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

Pay Online    

Office Locations

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
Maps & Directions


Tampa Law Office Map

Satellite 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
Maps & Directions


Map and 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, 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.