How a Bankruptcy Attorney in Allentown PA Can Help Take the Stress Off


The circumstances that lead to debt are not the same for everyone. For many people, unexpected medical bills from an accident or illness can lead to an overwhelming situation that they don’t know how to get out from under. For others, credit card debt can build and turn into a mountain of debt before they realize it. Owing creditors and dealing with the harassment of bill collectors can be one of the most stressful situations you ever have to deal with. Eidelman & Associates recommends talking to a bankruptcy attorney in Allentown PA who can help you overcome the burden of debt and start enjoying a more peaceful life again.

How Debt Grows

Individually, payments on credit accounts may not account for a significant portion of your income. Credit card companies have many techniques they use to increase your burden. For example, low payments on high interest accounts often result your paying less each month than you pay in interest on your account.

If you have a $500 credit card limit and charge up to the maximum, paying the minimum payment each month is bound to lead to over-the-limit charges. If you are unable to pay the full amount of the payment and the additional fees, you end up having more fees tacked on and driving your balance even further. It can be a big burden on your finances when one credit card account gets out of control. Unfortunately, individuals usually have other accounts that are impacted by the changes. In a matter of months, you could be farther in debt than you ever imagined and more than you can meet without sacrificing the things you need to survive.

Bankruptcy Attorney in Allentown

Life Changes

Sometimes the things that change in life are good or bad. Either type of change can bring you to the bankruptcy attorney in Allentown PA when they have a negative impact on your finances. Getting married, getting divorced, becoming ill, or changing or losing a job are just some of the reasons you are no longer able to meet your financial obligations. Sometimes a family member becomes ill or passes away. Anything that changes how much money is coming in, the amount going out, or the priorities you have for your money can lead to the need to file bankruptcy.

Bankruptcy can provide you with a fresh start that is free from the harassing calls and worries of excessive debt. Every person has a unique situation that makes some solutions better for them. You may want to completely eliminate your debt or just get some more time to pay your debts off.

Discuss your situation with an experienced bankruptcy attorney in Allentown PA who can advise you on your options and the impact that each will have on your life and your credit rating going forward. When debt becomes a problem that is interfering with your quality of life, there are steps you can take to restore peace.