If you are struggling financially this holiday season, you are not alone. Many people living in Atlanta and the surrounding area are wondering what to do about the growing mountain of debt they are facing. If your debt is out of control and you aren’t sure what to do, bankruptcy may be an option.

financial legal help

Trying to find the money you need to pay your monthly expenses is hard enough. Add in holiday gift giving, and you may feel so stressed that you don’t have any fun this holiday season. Instead of increasing your debt load and adding to your stress levels, it’s time to make a plan.

Tips to Alleviate Financial Stress

You can start by taking a look at your monthly bills every month. If you discover that you are only making minimum payments every month on your credit card bills, it’s time to stop. If you are thinking about filing for bankruptcy, unsecured credit card debt will be discharged. This doesn’t mean you should take out a number of credit cards and do your holiday shopping.

Stop Paying High Interest Credit Cards

What you can do to save yourself a little money this holiday season is to stop paying the credit cards that you are not going to get control of anyway. You’ll need to be a month or two behind in payments anyway, before a bankruptcy filing makes sense. Stop stressing over your minimum payments if your plan is to file for bankruptcy.

Keep the Holidays Simple

During the holidays, it can be tempting to buy all kinds of gifts for family and friends. If you are struggling financially, try not to overburden yourself. Focus on thoughtful gifts, and don’t be afraid to suggest that gifts don’t be exchanged. Chances are high that your friends and family members are also looking for ways to save money this holiday season.

Contact Bankruptcy Attorney for Assistance

At Clark & Washington, your Atlanta bankruptcy attorneys, we know how hard it can be to decide on bankruptcy. Contact us today at 770-691-0901 to learn more about your bankruptcy options.