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May 12, 2021 by Moellring & Ambler

Can I avoid bankruptcy by being better at budgeting?

As with most issues, the answer to this question is it depends. Income is a huge factor in budgeting. Before your free bankruptcy consultation, attorney Marcia Moellring requests clients fill out a budget worksheet. This allows her to analyze a person’s specific situation and determine if bankruptcy is an appropriate option. Some people can be helped by prioritizing their income distribution or finding ways to cut back expenses. If a creditor action is severe, a chapter 13 repayment bankruptcy … [Read more...]

Filed Under: Bankruptcy Tagged With: bankruptcy, bankruptcy budgeting, bankruptcy lawyer, budget, Marcia Moellring

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