Causes Of Bankruptcy

Common Causes Of Bankruptcy In Pennsylvania

Drowning in debt that you cannot repay is frightening and can be paralyzing. Financial strain is one the most stressful situations you will ever endure. Living with insurmountable debt is not necessarily the result of poor financial decisions. Typically the need to file bankruptcy in order to obtain debt relief is caused by factors outside of our control such as:

  • Job loss
  • Divorce
  • Being unable to work due to injury
  • Mortgage rate adjusting
  • Poor housing market
  • Credit card debt
  • Medical bill debt

How A Norristown Bankruptcy Attorney Can Help

You may have several options regarding how you can obtain the financial relief you need. Contact The Law Offices of James V. Monaghan at (610) 275-5800.