Debt Test

Unfortunately, due to the perceived stigma associated with bankruptcy, many people unnecessarily struggle financially. Many others force themselves into Chapter 7 bankruptcy when quicker action could have allowed them to file for a more favorable

Chapter 13 bankruptcy

Attorney Jamie Ryke has developed a debt test to help people determine whether or not bankruptcy is the right course of action for you.

Questions

1. Are you frequently late in paying your bills?
2. Do unexpected expenses cause a serious strain on your finances?
3. Do you constantly worry about paying your bills on time?
4. Are you behind on any of your debts?
5. Has your income decreased in the past six months?
6. Have your wages been garnished in the last year?
7. Do you find yourself repeatedly borrowing money to pay off your bills?
8. Do you owe any back taxes?
9. Are you unable to make the minimum payment on your credit card bills?
10. Have you ever been contacted by a collection agency for unpaid debts?
11. Have you recently been contacted at your home or place of business about unpaid bills?
12. Has your car been repossessed in the last six months?
13. Do you currently have any outstanding bounced checks?
14. Do you regularly charge small items on your credit cards?

If you answered "yes" to any of these questions, you may want to talk to the Chapter 7 and Chapter 13 bankruptcy attorney Jamie Ryke. Our experienced attorneys can help relieve your financial stress. We can explain the bankruptcy laws and help determine whether Chapter 7 or Chapter 13 bankruptcy is the right course for you. In some case, we even recommend non-bankruptcy alternative.

If, after taking our bankruptcy debt test, you would like a free telephone consultation with an experienced lawyer, fill out our Free Bankruptcy Evaluation Form or contact us by phone at 1-877-44 -START.

Our bankruptcy law practice represents clients throughout the state of Michigan and Illinois.