Single income family of less than 40k. Been in debt most all of my adult life (40 yrs. old). Present credit card debt of about 43k and mortgage of about 60k. Great credit rating and current on all bills. No savings. No retirement. No future. Live week to week.
Is bankruptcy an option for us? How do I go about finding a good bankruptcy lawyer?
The best way to find a good bankruptcy attorney is to go to www.nacba.org and use the attorney search function. NACBA is an association of consumer bankruptcy attorneys. This means we look out for debtors, we normally do not represent creditors.
But you need to consult with an attorney to make sure you qualify for chapter 7, have no assets that are not exempt from your creditors, or any other small issues.
But it looks like you easily qualify for chapter 7 bankruptcy. This would wipe out the credit card debt.
My name is Lewis Roberts and I’m an attorney licensed in Florida and Georgia. My practice focus is consumer bankruptcy, real estate issues/closings, and mortgages. I also have Florida real estate broker and mortgage broker licenses. I am a proud member of the National Association of Consumer Bankruptcy Attorneys (NACBA), National Association of Consumer Attorneys (NACA), and a graduate of Max Gardner’s Bankruptcy Boot Camp. I enjoy helping people with decisions that impact their financial well-being.
Legal Disclaimer: This is for educational purposes only. It is not to be relied upon as legal advice. It also does not create an attorney-client relationship. No such relationship is formed with attorney without a written agreement.
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