As we approach tax time, if you are expecting to receive a refund, you may be tempted to buy that new flat screen television or entertainment system you have been looking at. If so, you are not alone. But in the past year, if you have bought items on credit, taken out payday loans, experienced job loss or some other life-changing event, you may want to consider using a portion of your tax refund to file bankruptcy.
When facing financial problems, you may feel as if you are alone and no one understands your situation. It is very easy and quite common to feel this way. The frustration of not being able to pay your bills is terrifying. It may seem like you are fighting an army of creditors and debt collectors with no one on your side to help you. However, you are not alone. Mountain View Law Group is on your side and our bankruptcy lawyer can help you with your financial problems!
Thousands of Americans file for bankruptcy relief each day. For many, filing a personal bankruptcy remains a cost-effective and efficient way of dealing with debt. The average family is dealing with substantial credit card debt, mortgage debt and student loan debt. In addition, many families also struggle with personal loans, payday and title loans, medical bills and similar debts. Once you get so far into debt, and are dealing with high interest rates and late fees, it can be a huge struggle to get out of debt.
Bankruptcy can be a useful tool to get out of that debt. But if you file without proper planning, you may lose your income tax refund. Mountain View Law Group has attorneys that can help you plan how to use your tax refund on the items that you and your family need, while protecting that money from creditors. Call us today and set up a free consultation for your bankruptcy needs!
Kimberly Stevens, Attorney for Mountain View Law Group, bankruptcy lawyers in Ogden, Utah
Contact us today at 801-393-5555.