In September 2021, consumer debt in America reached a total of nearly 15 trillion dollars, with the average debt burden clocking in at around $100,00 per individual. These mammoth numbers represent debt coming from multiple avenues over the course of a person’s life. From student and personal loans to car payments and mortgages, debt seems to be an inescapable part of our lives.
It’s not at all uncommon for people to take on debt that they are comfortable carrying only to face extenuating circumstances which render them unable to continue affording their lifestyle. While this is not always the case, there is no reason in any situation to suffer under the weight of painful financial circumstances.
These situations and concerns vary widely from person to person. While bankruptcy is an incredibly useful and important tool of relief for many people, it may be hard to decide if it is the right path forward for you.
Consumer Bankruptcy Attorney Ariadne Montare has been able to provide people from many different walks of life the options that are best suited to their unique circumstances. Debt can leave you feeling hopeless and powerless, but the opportunity to make a choice that will empower you to look toward the future may only be one conversation away.
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