Unfortunately, it’s a sad fact that our military veterans not only risk their lives to serve their country, but often find themselves struggling financially just to stay above water. It’s an honor for us to provide assistance for credit card debt to active, retired and disabled military members by offering a free consultation for potential bankruptcy cases, and a 10% discount towards any of our services.
We are located in Pittsburgh, on the Western side of the city, serving clients in Moon Township, Crafton, Greentree, Carnegie, Bridgeville and South Hills.
How Credit Card Debt is Affecting Our Veterans
William Skimmyhorn of the Department of Social Sciences at West Point authored an excellent study relating to financial situations and key differences between military members and civilians. His study was based upon data between the years of 2009 and 2012.
One of the key findings of his study was that military members have a higher risk of poor credit card management than civilians do. He states that this could be due to the many challenges that military spouses face due to relocation and increased responsibilities during deployment.
Sadly, while credit card debt is often a problem for active military members, it often continues for disabled and retired military members as a result of a higher cost of living and the stress to just get the bills paid.
When Finances Are Out of Control
We frequently receive calls from both active and disabled veterans looking for help regarding financial hardship. We recommend setting up an appointment to meet with the attorney to discuss the best way to approach your finances. The consultation is free and we offer all military members (active and retired) a 10% discount. It’s well worth an hour of your time. The attorney will look closely at your financial status and discuss how he can help with regards to managing your debt.
He’ll discuss the different chapters of bankruptcy and whether or not this is something that you should even consider. For disabled or active duty military personnel, there are definitive rules and exemptions for filing for bankruptcy that are designed specifically for you.
Procrastinating Can Make Your Situation Worse
It’s a good idea to meet with an attorney as soon as possible to discuss your options. Procrastination can cause you to lose your car and/or your home. However, filing for bankruptcy may prevent repossession of your car and the loss of your home.
Get help before creditors take control of your assets. Don’t wait until your car is repossessed, or the sheriff comes knocking on your door with an eviction notice. Take action now and save yourself a lot of headaches.
Contact our office at 412-262-2575 to set up a free consultation. You will be asked to be bring some paperwork with you so that we can get a clear picture of what your budget looks like. We will need the following. If you don’t have it, that’s okay, but we would need to move forward should you choose to do so:
1. Most recent paystubs (2 months)
2. Prior two years of tax returns
3. Most recent statements for each bank account
4. Most recent statements for all creditors or make a list that includes balance owed and the account number
5. Information on any and all investments and retirement funds
6. Proof of Home Owners insurance (Home Owners Policy)
7. ID AND social security card
8. Duquesne Light bill
9. Information on mortgage and all vehicles (year, make, model, milage)
Thank you in advance for considering us to help you gain control of your financial status.