Planning for Financial Health: Advice from a Livingston County Bankruptcy Attorney

Bohikian Law: Free Financial Health ConsultationAt Bohikian Law, we believe that helping you to relieve your financial burden begins with not only looking at the amount and type of debt but looking at your budget, personal or business to see what exactly is going on.  We have offices in Brighton, MI and Howell, MI – so we can help you in the location that is most convenient for you.   You will sit down with one of our Bankruptcy Attorney who lives and works right here in Livingston County, Michigan, and you will discuss with him your options to relieve your debt  based the Attorney’s analysis of your household income and expenses.

With this as a starting point, your Bankruptcy Attorney can help you to decide what course of action to take to get you on the road to financial health! We believe that this is one of the most important things that we do with our clients in Brighton, MI and Howell, MI – and this is part of your FREE initial consultation!

Together you will review what your income really is based on all sources of income while determining your living expenses that are necessary.  You will then review the debts and explore your bankruptcy and non-bankruptcy options.

What do you spend, on average, per month for your necessities like food, clothing, gas, insurance, utilities, home maintenance and upkeep, insurance, health care costs, pet care, personal grooming, etc? The number is usually alarming for most people that go through this exercise as most of us do not account for all the things we need and spend but don’t budget for.   In most cases people find that they cannot possible pay for these necessities and still cover their minimum payments on revolving debts like credit cards and other debt like medical bills.

What many people do is pay those minimum payments to “save” their credit score at the expense of having to borrow more money to pay for the household necessities and the cycle just repeats itself.  Eventually as credit runs out and there is no more ability to borrow, auto, rent or mortgage payments are not paid to cover those minimum payments and that leads to disaster like foreclosures, repossessions, lawsuits and then garnishments!

Working with a Bankruptcy Attorney who is right here in Livingston County, MI (with offices in Brighton and Howell), you will leave your free initial consultation knowing what solutions are open to you. You will know if you qualify for filing for Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, or Chapter 11 Bankruptcy – or if you could even work with a bankruptcy attorney to simply settle with your creditors for a lesser amount and avoid bankruptcy altogether. Your Howell or Brighton bankruptcy attorney will help you see if and where your budget is not properly balanced, and what kind of strategy you can use to get it back under control.

If you – or someone you know – is facing financial difficulties, or if finances feel overwhelming and you don’t know where to start, schedule a free consultation today and let a local Howell, MI or Brighton, MI bankruptcy attorney help you gain the knowledge and fresh start you’re looking for. What do you have to lose but the stress your financial situation is putting on your life?