If you listen to the news, then it sounds like the economy is clipping along at a considerable pace. Yet, despite this news, many Roanoke-area residents find themselves struggling to get by. Oftentimes they live paycheck-to-paycheck and are only one unexpected expense away from financial ruin. Others have already turned to credit cards to help makes ends meet.
Many Virginians struggle with overwhelming debt. An unexpected medical condition, the sudden loss of a job or even a bad turn in the economy can leave an individual facing financial uncertainty. While many individuals remain prideful and try to dig themselves out of their financial hole, in a lot of cases this just makes matters worse. This is especially true because debt relief options are available to those who qualify, meaning that struggling to make good on insurmountable debt is just delaying a fresh financial start.
Whether it is due to a job loss, medical debt, credit card bills or a mortgage, there are many reasons why people in Roanoke may be in serious financial trouble. These problems are only exacerbated when debt collectors start calling, their utilities are turned off or they are facing foreclosure. Fortunately, there is a way to address these problems and obtain a fresh financial start: filing for bankruptcy.