Get Debt Counseling With Redding Bankruptcy Attorney Patricia Johnson

How Did We Get This Deep In Debt?

All too often, personal financial problems arise from common mistakes. It is not very difficult to fall prey to all of the advertising that offers “easy payment plans,” “no interest for 90 days; 6 months; one year,” “zero down, zero interest,” etc. After all, once we stretch our budgets too thinly, it seems it is the only way to obtain the big-ticket items we need, think we need or simply want.

Unfortunately, all of those small payments add up, regardless of whether they are “interest free,” “low interest” or, as in many cases, 29% interest. The majority of us do not have unlimited sources of income. So, what happens when every penny of our disposable income is going to payments and, without warning, a medical expense arises or the hot water tank bursts or the heater/air conditioner goes out or the car breaks down? Suddenly, the harsh reality hits us. There is no extra money in the budget. Then it is too late and we must make painful sacrifices. Before it reaches this stage call Patricia Johnson.

How Do We Start to Regain Control?

Redding bankruptcy lawyer Patricia Johnson offers debt counseling services to help you find your way out of what can be an extremely stressful situation. If you are sincere about helping yourself, she will dedicate herself to that cause. She will review your circumstances with you and determine your best course of action. It may be as simple as developing a budget and outlining a plan to pay off your debt. It may mean filing Chapter 7 bankruptcy or Chapter 13 bankruptcy. What sets Patricia Johnson apart? She has strong ethics, honest answers and straight truth. She is only interested in helping individuals, couples or families who find themselves in common, but challenging, financial situations.

What Is The Goal Of Debt Counseling?

Well, that is different to all people. Many financial “gurus” will tell you that your ultimate goal should be to become debt free. Some people just wish to be able to stop living from paycheck to paycheck and, through simply reducing debt, they can achieve that goal. At the very least, everyone should strive to rid himself or herself of high interest debt. If the interest rate causes the cost of the item to double or more, it is excessive. If the length of the payment plan will likely outlive the usefulness of the item purchased, it is too long. No matter what goal you set for yourself, call Patricia Johnson, a Redding bankruptcy attorney, to help get you on the right path.