In the last five years, over 2 million individuals filed for bankruptcy. Millions more are in serious financial jeopardy. Economists estimate that for every family that declares bankruptcy, there are seven more that should based on their debt load.

Credit card abuse, for the most part, is a myth perpetuated by the credit card companies. The truth is the majority of individuals and families in financial trouble can be directly linked to circumstances beyond their control: the loss of a job, a medical crisis, or a family crisis such as a death or divorce.

And while bankruptcy is one avenue for dealing with debt issues, there are other alternatives.

Whatever you decide to do, DO NOT FALL for "consolidation" or "credit repair" schemes, as illustrated by this video.

Which is the most appropriate for you? Based on your situation, the choice may be complicated. You won’t know for sure without professional advice. Which is why the Law Offices of David Kovari P.A. offers a confidential consultation without any obligation on your part whatsoever.