Resolution Tag

31 Dec Resolution For The New Year – Get Organized

The biggest problem that every bankruptcy client has is organization. Financial problems have a way of causing chaos. Which bill do you pay first? Which collection agency do you satisfy next? How in the world do you collect all those documents necessary to file bankruptcy?

In fact, the issue of disorganization is one that typically has deep roots. The weed grows slowly, quietly, insidiously hidden by the masks of steady and productive income and rising real estate prices. Now with the crutches of employment and refinances gone, the nasty secret is exposed and the weed is now a vine chocking the life out of you and your family.

It starts small. A small charge here and another charge there with the vow that the balance will be paid off when the bill comes in. Then there's a small problem like a flat tire or a dentist bill and instead, the check is for less than payment in full. From there, it's minimum payments when the biggest bills seem impossible. When the real emergency comes or the job loss occurs, the mortgage or the car payment doesn't get paid resulting in foreclosure and repossession. If you act quickly, maybe by filing bankruptcy, you can salvage the house or the car.

Where does organization fits into this equation?

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