Madison Heights Bankruptcy Attorney

Paying your bills on time and managing money wisely may be a point of pride. Unfortunately, unexpected events and unforeseen expenses can easily cause you to fall behind. When this happens, the results can be devastating. In addition to the fear and anxiety you experience, you are likely being hounded by creditors on a daily basis. As a respected Madison Heights bankruptcy attorney, Karen E. Evangelista provides the trusted legal guidance you need in these situations. She can outline the options available to help you regain your financial footing and get out of debt.    

The Cycle of Debt

No one intends to get overwhelmed with debt. It can be a slow, gradual process that occurs over a period of years or a sudden and unexpected event. The availability of credit cards and our reliance on financing items we want play a major role. 

According to a recent CNBC news report, the average adult owes more than $35,000 in debts such as personal loans and credit cards. With the high-interest rates that go along with these, getting them paid off can be next to impossible. Monthly payments can end up taking all of your income, causing you to incur additional debt. This can go on as an endless cycle for years or even decades. 

Unexpected circumstances can cause you to fall behind in your payments. In addition to interest, now you have to pay penalties and other fees while facing harassment credit collection calls. Madison Heights bankruptcy lawyer Karen E. Evangelista has more than 31 years of experience helping clients break this cycle. She provides options for people facing financial problems due to reasons such as: 

• Accidental injuries, illnesses, and chronic health conditions;
• Personal problems, such as a divorce or separation;
• Unexpected family expenses, such as the birth of a child or having to care for elderly family members;
• Job losses and reductions in income;
• Problems with state or federal tax returns. 

Making a Fresh Start

If you are drowning in debt, there is a solution to your problems. Bankruptcy lawyer Karen E. Evangelista can advise you on your rights in filing for bankruptcy in Madison Heights through the Eastern District of Michigan Bankruptcy Court. The process is designed to help honest people get a fresh start in their financial affairs. Debts that can be eliminated through bankruptcy proceedings may include: 

• Credit cards;
• Personal loans;
• Past due utility bills;
• Medical expenses;
• Tax debts;
• Legal judgments and liens. 

Get Help From Our Madison Heights Bankruptcy attorney

Madison Heights bankruptcy attorney Karen E. Evangelista is here to help you get out of debt. To discuss your options, call or contact our office online today to schedule a consultation today.