Few areas of the country have escaped the ravages of this last recession. Lakeland has experienced some very hard economic times. Ask any Lakeland bankruptcy attorney. Most every Lakeland bankruptcy attorney is experiencing a spike in new clients, though the year is still young. The average Lakeland bankruptcy attorney will tell you that business has increased at least in double digits year to date.
Most of the people who are visiting attorneys are there to have their finances restructured. Their attorney is usually their first and last stop in trying to correct the downward slide their finances have taken. Often, they have taken no action on their own to try to correct things, and have found that it is too late, and that help is needed from an attorney to negoatiate the court settlements.
It is not hard to find an attorney today who is working in personal financial reorganization, but it does take some work to find one that is a good match for you.
A good place to start your search is with relatives or friends. It might surprise you to find that many have had to seek out an attorney to reorganize their finances. If you relatives and friends have been smart or lucky during this recession, and have not needed help, then turn to the Internet.
Most attorneys will have detailed information online. Check it out carefully and see if any are apparent good matches. If so, contact them and be prepared to do an interview.
Yes, an interview!
Sometimes what looks good on the Internet may be so --just not for you. Only you know where you want to be in two, three or six years. Your attorney will be a good advocate for you, but you know best.
Your attorney may advise that you file Chapter 7 or Chapter 13 consumer bankruptcy. Chapter 7 is where you sell your assets and pay off those you owe. Chapter 13 lets you keep selected assets and make a schedule to repay your creditors. Or your advice may be more conservative: get a second job, sell some toys, get on a budget.
Reorganizing your finances will be your first step towards regaining your financial footing. It is a second chance.