When you’re caught in the middle of a credit disaster, it may feel like you are all alone. But statistics in the United States show that the number of annual personal bankruptcy filings is growing all the time. Many Americans struggle with personal debt and many in San Antonio are considering bankruptcy. Government data shows that the average bankruptcy filer is between the ages of 25 and 54. More than half of people filing bankruptcy have an annual income of under $30,000 per year. Consulting with a San Antonio bankruptcy attorney can provide logical legal protection for your needs.
Rising medical bills are one of the most common reasons for bankruptcy. Medical expenses in the United States have been climbing at an alarming rate over the past fifty years. More than nine million American families spend as much as 20% of their income on medical expenses. Many middle-class Americans think they are safe from these staggering costs because they have medical insurance. But when serious medical problems happen, medical insurance doesn’t cover all the costs and the bills begin to mount. At a time when you are concerned about your own health or the health of a loved one, being hounded about medical bills is an unwanted stress. A San Antonio bankruptcy attorney can help you to erase that mountain of medical bills.
Many very rich and famous people have filed for bankruptcy. Anyone can have problems with their finances and that includes celebrities, athletes, business leaders and other high profile public figures. The nightly news is full of famous people who have financial problems. Just like ordinary folks thinking about bankruptcy in San Antonio, celebrities experience divorces, medical problems, and lawsuits. The current financial crisis isn’t selective and can have an impact on any of us at any time in our lives. Some celebrities find that bankruptcy is a great way to turn around their money woes and get a fresh start. Stars that you see on TV like Michael Jackson, CNN’s Larry King and musician Marion “Suge” Knight have all filed for bankruptcy.
It is more important than ever to speak with a San Antonio bankruptcy attorney. New law changes will be explained to you and your rights and options will be reviewed. Thousands of San Antonio residents considering bankruptcy have changed their lives and eliminated their debts. An attorney can help you understand your options, make good choices and get you moving in the right direction to keep your debt problems from ruining your life. Although dealing with bankruptcy is new to you, an experienced attorney will understand your situation and help you protect the security of your family. Make an appointment to consult with a San Antonio bankruptcy attorney and stop the worry and fear that credit problems have created in your life.
Author Bio:
Malaise Law Firm has experienced San Antonio bankruptcy lawyers who are serving San Antonio bankruptcy, Dallas bankruptcy and social security cases. For more information about us, please visit http://www.malaiselawfirm.com.
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