All of you are aware that inflation is the highest it has been within the last 41 years and gasoline prices are the highest they have ever been.
Over twenty million Americans are now struggling to pay their utility bills and people have to rob Peter to pay Paul since they just cannot afford to pay their mortgages, auto payments, food, prescriptions and other necessities while prices keep on increasing.
While the price of gasoline hits record highs, the truck drivers have no choice but to pass on the costs for all products and services which comes out of your pocket.
Even though many of you got raises, the raises do not keep up with inflation.
Here are a few options to help you deal with these bills:
1. A lot of people take additional jobs and work all the time. This is very admirable, but one client of Taieb Law unfortunately recently died due to the stress and another client was hospitalized for high blood pressure. Thus, you have to know your health. It is stressful enough having financial problems and you do not want to add additional medical problems on top of this.
2.We previously discussed how pension or 401K loans really cut into your income going forward and, in some instances, there could be tax ramifications.
3.Taking a personal loan or refinancing only creates more debt which will have to be dealt with in the future.
4.Running up credit cards is only a temporary bandage which will not resolve the problem and can lead to a much bigger problem with the outrageous interest rates.
At Taieb Law since we have been a New Jersey Bankruptcy Lawyer for over 37 years, we have seen how people can feel overwhelmed when they live from paycheck to paycheck and have to rob Peter to pay Paul.
If you have gotten into a situation, where you have had to run up credit cards, personal loans or any other type of debt to survive, then you have to talk to Taieb Law about bankruptcy options, since you cannot afford to make huge monthly payments on debt while trying to pay your mortgage, utilities, car insurance, phone, cable and all the other necessities that are required in 2022.
If you are behind on your debts and are barely making it due to the price of gasoline, food and other outrageous expenses due to inflation, it is urgent that you contact Taieb Law for a FREE consultation so he can advise you of your rights under the bankruptcy code. Then you can file a New Jersey bankruptcy to help get a fresh start, clean the slate and save your property.
Please talk to us at Taieb Law since we have been a New Jersey Bankruptcy Attorney for 37 years and can analyze the situation to protect your rights and save you from getting yourself even deeper in debt by making the wrong borrowing decisions.
If you can’t sleep and are overwhelmed, call us and we will help you resolve your individual problem like we have helped over 7,000 people over the last 37 years.
If you are sick, stressed out, or losing sleep over your debt, we can help you save your property and get a fresh start by filing a New Jersey bankruptcy for you. For more information go to www.bankruptcywithcare.com or call us at (856) 600-0819 for your FREE initial consultation.
AGAIN, PLEASE NOTE WE ARE OPEN FOR BUSINESS TO HELP YOU EITHER IN OFFICE OR VIRTUALLY. PLEASE ALSO NOTE THAT STEVEN N. TAIEB, ESQUIRE HAS BEEN VACINATED. ALSO, CREDITORS MEETINGS ARE BEING CONDUCTED VIA TELEPHONE OR ZOOM AT THE PRESENT TIME.
Steven N. Taieb, Esquire has been a New Jersey Bankruptcy Attorney for 37 years and is board certified in consumer bankruptcy law by the American Board of Certification which is accredited by the American Bar Association.
We are a debt relief agency. We help people file for bankruptcy relief under the bankruptcy Code.