As part of the bankruptcy process, we help clients to create a budget. We want to ensure that you can live within your income after your debts are discharged, so that you don’t just get yourself back into serious debt.
Many of our bankruptcy clients have gotten into trouble with their credit cards. They have gotten used to the credit cards being in control of their lives.
Before filing bankruptcy, taking a vacation is a big no-no. Vacations are viewed as a luxury, and any money you spend on luxuries cannot be discharged in bankruptcy. That means you will still be responsible to pay back the vacation debt.
Everyone has been the target of at least one financial scam. Unfortunately, many people in serious debt are desperate for relief and fall victim to these scams.
Many clients who come to us drowning in debt are using their credit cards to pay their living expenses, and their entire paycheck paying down their credit cards.