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July 22, 2010 / Charles Kania, Esq.

A note about miracles, in the context of debt

There is no opportune time to file for bankruptcy, because no one wants to file for bankruptcy. While some debt is low enough for the debtor to take care of by themselves, at some point the about of debt owed is too large for a debtor to resolve by himself. The tipping point is decided by every debtor individually. If, however, you find yourself holding out for a miracle, let me leave you with this thought: They are called miracles because they don’t often happen.

To reference a recent commercial: there is no debt fairy to help you out of a debt hole. You have to take action. If you are considering bankruptcy, consider it seriously. When you are ready, call us.

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