Developing a Debt Relief Strategy in These Uncertain Times

As we move into the last quarter of 2023 and 2024, we are faced with a number of challenges: inflation; high interest rates for consumer debt, higher prices for necessities including food and energy; possible recession; layoffs; tight credit; and political turmoil. Consumer credit card debt is at record levels.  Many families find themselves living paycheck to paycheck and relying on credit to provide necessities each month.  In these uncertain and challenging times, it is wise to ask yourself, “Would I (or my family) benefit from developing a debt relief strategy?” For many, the answer is “Yes!”  Now is the time when it may be critically important to seek out and receive specific information and advice from an experienced and compassionate professional regarding your financial situation.

Ultimately, your decision on debt relief may be one of the most important financial decisions you will ever make.  It is important that you are not only you get the information you need to make that decision, but that you develop the right debt relief strategy for you and your family. This is the very reason that Kinkade & Associates offers a no-charge strategy session.  At Kinkade & Associates debt relief is all we do.  Our approach to providing debt relief for our clients is decidedly different from other attorneys who file bankruptcy cases.  We do more than discuss your potential options in bankruptcy.  During your no-charge strategy session a Kinkade & Associates attorney will talk with you about your financial circumstances and your need for debt relief.  After sitting down with you and discussing your circumstances we are able to work with you in order to develop the appropriate individualized strategy for you to gain relief from your debt.  We do not offer a “one-size-fits-all” approach that treats you like just another number.  Instead, our experience, focus, unique approach and dedication to you place us in a position to offer you and your family a unique opportunity.  An opportunity to discuss and develop a personalized strategy for dealing with your debt which may include, but is not necessarily limited to, potential options in bankruptcy.

If bankruptcy is right for you, we thoroughly discuss your bankruptcy options with you.  Bankruptcy is a legal process available to most individuals and married couples that permits a person or married couple to either eliminate most types of consumer debt (Chapter 7) or propose a repayment plan under bankruptcy court supervision (Chapter 13).  Most, but not all, individuals or married couples are eligible for either Chapter 7 or Chapter 13.  Sometimes an individual or married couple have a choice about which type of bankruptcy they can file.  Making the right choice can potentially be one of the most important decisions you will make.  Your individual facts and circumstances will determine whether Chapter 7 or Chapter 13 is right for you.  The type of debt you have will be one of the important factors in determining which type of bankruptcy will be most beneficial.

The attorneys at Kinkade & Associates welcome the opportunity to meet with you personally to discuss your situation and provide you with detailed personalized information about the options and a strategy that are best suited to your family’s circumstances.  Please contact us through our web site or give us a call to schedule your free no obligation initial consultation with a local attorney.

Thank you for visiting our web site and considering Kinkade and Associates.

Kinkade and Associates, helping families rebuild their financial life.

Kinkade & Associates, PC, 123 NW 4th Street Suite 201, Evansville, IN  47708   812-434-4909 PHONE 812-434-4831 FAX