Warning Signs of Financial Trouble
- You use one form of credit to pay other debt (You are “borrowing from Peter to pay Paul.”)
- You have taken one or more cash advances in the past few months
- You have taken out pay day loans in the last 6 months
- You have pawned the title to your car
- You have to borrow or use credit to meet regular expenses, such as food and utility bills
- You struggle to pay more than the minimum payments on bills
- You are being harassed by collection agencies
- Your creditors have recently raised your interest rates on your credit cards
- Your outstanding credit card debt is more than 30% of your total available credit
- Your financial problems are impacting your health, happiness, or relationships
- Worrying about your debt is keeping you awake at night
- You have student loan debt that you cannot pay
- You have recently seen a reduction in your income
- You have been through a divorce and now have half the income to pay your debt
- More than one-third of your take-home pay is spent on housing
- More than one-quarter of your take-home pay is spent on car payments, car insurance, repairs and gas
- You are using one-quarter or more of your take-home income to pay credit card bills and unsecured personal loans
- Your credit cards are charged to the limit
- You have bounced more than one check in the past year
- You have no savings
- You are behind on house or car payments
- You are being sued, your wages are being garnished, or you are facing foreclosure
- You owe taxes you cannot pay
- You are so far in debt in debt that you don’t really know how much money you owe
- You have medical bills you cannot pay
- You don’t know how much money you spend each month
- You spend more each month that you earn
Spotting signs of financial trouble is the first step to turning your debt situation around. If you catch your problems early, you may be able to use credit counseling and budgeting techniques to solve your problems. If you are at the stage where you have tried everything and still can’t seem to get a handle on your debt, your Birmingham and Tuscaloosa bankruptcy lawyers are here to help you. Our bankruptcy lawyers will talk with you about all of your options including those that do not involve the filing of a bankruptcy case. There is no charge for the consultation. Let our experience help you get out of debt.
Your Birmingham and Tuscaloosa bankruptcy lawyers can explain all of your options to you. You will not be pressured to hire us, or file a bankruptcy case. Your Birmingham and Tuscaloosa bankruptcy lawyers will explain your options to you for free.
How to Get Help and Get Out of Debt
When you are ready to get out from under your crushing debt, give Melinda Dionne a call at 205-349-5911 (Tuscaloosa) or 205-453-1012 (Birmingham) or click here. When you call, tell our assistant that you are a website reader and she will set you up with a free, no obligation, consultation to see how Melinda can help you start living again.
Tuscaloosa Office: 9217 Old Greensboro Road, Tuscaloosa, Alabama 35405 (205) 349-5911; Birmingham Office: One Perimeter Park South Ste 100N, Birmingham, Alabama 35243 (205) 453-1012.
The law firm of Melinda Murphy Dionne represents clients in Central and West Alabama including Birmingham, Tuscaloosa, Centerville, Fayette, Jasper, Moundville, Tuscaloosa County, Bibb County, Blount County, Fayette County, Greene County, Hale County, Jefferson County, Lamar County, Perry County, Pickens County, Shelby County, Sumter County and Walker County.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.