Is Bankruptcy Right for You?

We all know that bankruptcy was created to help individuals recover from debt. However, it may not be so easy to decide if it is the right option for you because there are many factors that must be considered. While there is no formula you can follow to determine if it is the right time to file a case, there are a few circumstances that indicate a personal bankruptcy may be warranted...
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We all know that bankruptcy was created to help individuals recover from debt. However, it may not be so easy to decide if it is the right option for you because there are many factors that must be considered. While there is no formula you can follow to determine if it is the right time to file a case, there are a few circumstances that indicate a personal bankruptcy may be warranted...

We all know that bankruptcy was created to help individuals recover from debt. However, it may not be so easy to decide if it is the right option for you because there are many factors that must be considered. While there is no formula you can follow to determine if it is the right time to file a case, there are a few circumstances that indicate a personal bankruptcy may be warranted:

  • Your home is in foreclosure or your lender is threatening a foreclosure action
  • Your home is “underwater” and you have more than one mortgage on it
  • Creditors are repossessing assets or threatening repossession
  • Collection lawsuits have been filed against you
  • Your bank account or paycheck is being garnished
  • You are being harassed by creditors and debt collectors
  • You feel overwhelmed by your credit card debt or medical bills
  • You are past due on your taxes
  • You live paycheck to paycheck and you have no savings
  • Excluding your mortgage, you cannot pay your total debt within 5 years

There are many other circumstances that may indicate a bankruptcy filing is appropriate, so it is important to confer with an experienced lawyer to review your individual financial situation. Don’t spend more time drowning in debt. Take action to decide the best debt relief option for you and work to obtain the financial fresh start you need.

Please keep in mind that every case is different. If you have questions about filing personal bankruptcy or how a Chapter 7, 11, or 13 could benefit you and would like to schedule a no-cost consultation, please contact our office by completing the form on this website or calling us at 954-466-0541.

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If you are considering filling for bankruptcy , this would be the firm to use! Jonathan is very experienced as well as all of his team, Specially Anne ! They made the process very easy and my case was approved due to their help and expertise! I am very grateful to have had them representing me !
Xime Basa
Xime Basa
2023-09-28
I highly recommend LSS Law. No complaints. Jonathan, Ann, and Maria were very professional and clear in all our communications, which makes everything really easy.
Donald Galindo
Donald Galindo
2023-09-05
Great service. Friendly and helpful staff. Highly recommend.
Al La
Al La
2023-03-29
Jonathan and Anne were wonderful and I thank you for helping me with my new beginning.
ADRIANNE SURRENCY
ADRIANNE SURRENCY
2023-03-29
I had a wonderful experience with Jonathan Leiderman at LSS Law. Not only is he well experienced, but he is also very patient and supportive throughout a tough time. I appreciate that he takes such a hands-on approach where there is no going through office staff and waiting for a reply. He deals with you one-on-one, and he is your single point of contact. He takes time to answer all your questions and takes the time to ensure that you understand every aspect. He is highly communicative and does so in a timely manner.... I always got a response within minutes or hours, at the latest 24 hours. I don't know how he does it all, but I am grateful that I had him to represent me! I highly recommend Jonathan and LSS Law!
Jewel Nicholson
Jewel Nicholson
2023-02-16
Jonathan Leiderman did a phenomenal job representing me and taking on my case. His knowledge, experience, and diligence quickly became apparent through his work product and the correspondence that he maintained with me. Furthermore, he was always quick to answer my questions and put my mind at ease during the entire process. Jonathan and LSS Law will forever have my gratitude and I highly recommend their services to anyone who is in need of them.
Ali
Ali
2023-02-06
I am really greatful to attorney Jonathen Leiderman for patiently working with me through a very stressful period of ambivalence, and then towards resolution of a difficult predicament. His professionalism and empathy were exceptional. I would recomend him to all who need similar services.
Peter G
Peter G
2022-04-04
Excellent company to work with providing timely advice and guidance. Went above and beyond in assisting our company with an out of state bankruptcy issue
Diane Artioli
Diane Artioli
2021-10-08
This company was very professional, sympathetic and very reasonably priced.
Kemel Gajraj
Kemel Gajraj
2021-09-13

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