Debt. At one point or another, almost everyone has some amount of debt they owe. It’s a common, even expected part of life. Some debt can be beneficial because having a reasonable level of controlled debt can help establish a solid credit score. But, it’s when debt gets out of hand that the trouble starts. Un-managed spending, unexpected house or car repairs, unforeseen health issues and an unexpected loss of income can all have a devastating effect on our finances and send a hard-earned good credit rating spiraling downward.
This is where Carol Cadiz comes in. Ms. Cadiz is a Chicago-area attorney who has been helping clients climb out of their financial abyss since 1998. In her new book, Bankruptcy Myths Exposed, Ms. Cadiz breaks wide open decades-old misconceptions about bankruptcy and offers an informative, honest yet hopeful look at how filing for bankruptcy can help set financially troubled individuals and couples on the road to regaining their financial freedom.
“My intent here is to provide a guide to help educate real people about bankruptcy in a way that doesn’t require a law degree to decipher,” writes Ms. Cadiz. “My hope is that this guide will provide answers to your questions and give you a better understanding as to how bankruptcy might (or might not) fit into your life right now.”
In this book, Ms. Cadiz explains the bankruptcy process from start to finish, touching on topics such as the differences between Chapter 7 bankruptcy and Chapter 13, common reasons people file for bankruptcy and how to choose the right bankruptcy attorney for you.
Out of control debt is not something that can just be wished away. In fact, it will just get worse. The information Ms. Cadiz offers here can help you decide if bankruptcy is the right solution to your financial problems.
