Phoenix Bankruptcy Attorney Reminds Consumers Not To Face Legal Matters Alone
June 11, 2022 at 00:11
Wright Law Offices is a bankruptcy law firm with offices in Phoenix, Scottsdale, and Tempe, Arizona. At Wright Law Offices, Benjamin Wright is an experienced attorney that can handle complex bankruptcy matters.
Wright Law Offices stays current on the latest developments and changes in bankruptcy legislation since we limit our practice to one area.
"We've helped thousands of individuals and families in the Valley overcome their debt-related problems," notes Wright.
Bankruptcy proceedings can be very complex, and having an experienced bankruptcy attorney on one's side is critical to success. Because bankruptcy case is unique, it's necessary to seek an attorney who will take the time to understand your specific financial situation
Attorney Wright reminds consumers that, "You are not alone if you are having financial difficulties.” According to a recent study on Legal Jobs, more than 1.5 million people are filing for bankruptcy every year.
Often, people believe that reckless spending leads to credit card debt, but this isn't necessarily the case. Surprisingly, only 5% of bankruptcy cases are attributed to reckless spending. The most noteworthy of all US bankruptcy statistics, according to a Harvard University research, is that roughly two-thirds of all bankruptcies were related to medical bills. Consumers may consider using a line of credit if they experience a job loss, become ill, or have an unexpected expenditure. These issues can compound if the unexpected expense cannot be paid back quickly.
One of the most interesting findings from this research was that 72 percent of bankruptcy filings were made by people who had health insurance. Interestingly, this study disproved the assumption that medical bills are exclusively a problem for the uninsured.
Bankruptcy is a strong tool that can help people get their financial life back on track. Attorney Wright notes that those considering bankruptcy should consult an experienced attorney about alternatives.
Mr. Wright reminds people that claiming bankruptcy doesn't make them bad individuals. "Life happens, and bankruptcy may be an option for getting a fresh start." Bankruptcy is a tool that can help people get their financial life back on track, but they should consult an experienced attorney about alternatives.
At Wright Law Offices, Benjamin Wright is an experienced attorney that can handle complex bankruptcy matters. Wright stays current on the latest developments and changes in bankruptcy legislation since hsi law office limits their practice to one area.
Those concerned about their debt issues are encouraged to reach out to Wright Law Offices in Phoenix to schedule a free consultation.
For more information about Wright Law Offices, contact the company here:
Wright Law Offices
2999 N. 44th St., Ste 250
Phoenix AZ 85018