Jack P. Cranley, Attorney at Law

There are some instances in life that leave people in the Granite City, IL area with a tight financial spot. If your job’s pay is low, budgeting has failed, or the work of a new payment plan is just not settling in right, debt can be extremely hard to bear. While you may be getting phone call after phone call of harassment for these bills to need payment, it might be time to consider filing for bankruptcy as an option.


This can be a very difficult decision that many people do not want to have to follow. However, this could be the best decision for you without you even knowing it. To ease your mind and help you see some good out of doing so, here are some of the factors that can help with weighing this choice.

Are You Aware of Your Costs?

There have been times that some bankruptcy candidates do struggle to put a specific number of their debt since they have given up tracking their expenses altogether. This is sometimes the case when a person feels very overwhelmed by their debt and wants to throw in the towel altogether. The idea of “if I don’t see it, it isn’t there” comes heavily into place with this certain factor.

Considering Debt Consolidation Before Bankruptcy

The idea of debt consolidation is an option that many do consider before turning right to bankruptcy. There are different pros and some cons to both of these. Working with our team of lawyers can help you clarify these certain questions.

Facing Frequent Creditor Harassment

Those that may be going down the path of bankruptcy may be facing extreme amounts of threatening messages from their creditors that adds extra pressure to get back on their feet. If you were to file for bankruptcy, once that choice is made, these phone calls will stop right away.

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Using Credit Cards Excessively

If your credit card is your only source of currency when it comes to buying necessities such as groceries or paying your bills, this is a problem. Especially when you know that you won’t be able to pay them back. This is a big sign that your debt has become too much of a burden to process.

Feeling Overwhelmed by Your Financial Situation

If you have tried getting things back on track (even more than once) and still failed to do so. This could be another sign to file. This could be a sign of feeling as though you have no more options left to try, and hope is failing. With this alone, let our team at Action Law Center help you make the decision, and understand what is best for you and your family.

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