Long Island Bankruptcy Attorney
Bankruptcy Offices throughout Long Island, New York
Long Island Bankruptcy Lawyer Law Firm Overview Attorney Profiles Bankruptcy Evaluation Form Contact Us
Bankruptcy Practice Areas
Long Island Bankruptcy
Alternatives to Bankruptcy
Bankruptcy Exemptions
Bankruptcy FAQs
Bankruptcy Law
Bankruptcy Overview
Consolidate Your Bills
Creditor Harassment
Debt Consolidation vs Settlement
Discharging Debt
Eliminate Your Bills
Filing Jointly
Foreclosure
Freezes On Your Bank Accounts
Is Filing Bankruptcy Right For Me?
Life After Bankruptcy
Loan Modification
Repossession
Tax Debt & Bankruptcy
The Jacoby and Jacoby Difference
The Means Test
Top Bankruptcy Myths
Types of Bankruptcy
Wage Garnishments
Why Hire a Bankruptcy Attorney
Your Bankruptcy Consultation
Bankruptcy Blog
Bankruptcy Videos
En Espanol
Bankruptcy Law

Avoiding Bankruptcy

Spouse Filing Bankruptcy For one reason or another, every day more and more people are seeking bankruptcy protection. While filing for bankruptcy is a viable option for people struggling with too much debt, it shouldn't be viewed as the only way to get a handle on your finances. Even with mounting debt, there are ways in which you can avoid filing for bankruptcy and still pay off your debt and get your financial situation under control.

In our opinion, some of the best ways to avoid bankruptcy are also some of the simplest. For example, do not spend more money than you bring home. Furthermore, do not charge more money on your credit cards than you can afford to pay off each month. Creating a strict budget is also good way to monitor your finances and control your spending habits. Saving a set amount of money each month is another good way to avoid bankruptcy. With extra money in the bank, you will have resources available to you in the event of an emergency. Another way to avoid bankruptcy is to apply for insurance coverage, especially car insurance, homeowner's insurance, and medical insurance. In the event of an accident or emergency, a large portion of your expenses will be covered by your insurance company, so you will not have to go into huge debt.

If you are having a difficult time paying off your debts, speaking with an experienced Long Island bankruptcy attorney will be highly beneficial. At Jacoby & Jacoby, we have more than 50 years of combined legal experience, and can review your situation to help you come up with a viable alternative to filing for bankruptcy. Although filing for bankruptcy may be the "easier" choice, it will also be more detrimental to your credit score, which can affect your ability to apply for loans, buy a house, or buy a car. When you come to meet with a bankruptcy lawyer at our office, you can trust that we will explore all possible available options for avoiding bankruptcy!

Contact an experienced Long Island bankruptcy lawyer at Jacoby & Jacoby to discuss ways of avoiding bankruptcy!

Comments

No Comments Posted
Click Here to watch our Bankruptcy Videos
Fill out the form below to email our law firm.
Leave feedback about our services here.
Bankruptcy Law Visit us on Facebook Follow us on Twitter
Bankruptcy Law
Long Island Bankruptcy Lawyer | Contact Us | Site Map | Privacy Policy

Attorney Web Design

We are a qualified debt relief agency. This is Attorney Advertising. The information on this website is for general information purposes only. Nothing on this or associated pages should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.