Phoenix Bankruptcy Attorneys Serving the Elderly

Why Is This Happening? How Can I Stop It?

When elderly people are caught in a trap of unmanageable debt, it tugs at the heartstrings to see anxiety in people who should be enjoying their golden years. Many have never had financial problems before. They have never been sued. And now they are being threatened by creditors.

Talk to an experienced bankruptcy attorney who can explain your rights and share advice about how to get through this difficult financial time.

602-468-3328 · 602-GOT-DEBT · or Send an E-mail

Elderly people are often lulled into taking on debt. Credit card companies send out blank checks that encourage them to spend money or pay off medical expenses. Predatory lenders may talk an elderly person into refinancing. A family member may have taken advantage of an elderly relative's generosity. However it happened, a person on a fixed income is faced with debt that can never be paid.

• It's OK to declare bankruptcy. When there is far more debt than you can ever pay, when creditors are calling and threatening, stop the financial pain you are in. Find out how filing for bankruptcy can help.
• Your creditors cannot garnish your Social Security. They may tell you they can, but they cannot. Your Social Security check is yours. They cannot take money from the check or from you after you get the check. In fact, most retirement plans, pensions and 401(k) plans are safe from creditors.
• A fixed income makes bankruptcy an easy process. There can be no doubt what your income is. No one is going to say you should get a higher paying job. Your income is what it is — and you cannot change it to meet the demands of creditors.
• Do not feel that you have to pay. Many elderly people have been tricked into debt. You should not feel an obligation to pay those who have deliberately tricked you into owing money. As soon as you file Chapter 7 bankruptcy or Chapter 13 bankruptcy, the creditor harassment will stop.

Seven Days a Week · Free Consultation

wantafreshstart.com offers a discount to senior citizens. We understand that you are on a fixed income, and your bankruptcy lawyers does not want to add to your problems. Contact us for a free consultation with no obligation in the Phoenix area and throughout Arizona. Your bankruptcy attorney will explain your rights and the process, and then you can decide what to do..