Household debt up $1 trillion | on your debt

It was recently reported that Americans owe over $1 trillion in 2021. To put that in perspective, that’s just over $2,750 for each person in the country. This is the largest amount in 14 years. Higher borrowing will be fueled in part by rising prices as consumers deal with the worst inflation in nearly four decades.

Inflation, rising rents and increased debt

For some, the rise in the cost of basic necessities like groceries and gas, coupled with historic rent increases, is putting tremendous pressure on family budgets. Although some are able to meet these costs, many cannot keep up with their debt payments and are struggling. Our team of debt relief experts have the experience to support those who are struggling during this time.

Additional debt is often necessary for many households. It comes with unique financial risks such as B. the risk of losing a source of income due to unemployment or a prolonged medical problem while those debts have yet to be repaid. And debt has increased in all forms during the pandemic, leaving many households in a financially precarious position.

Debt relief through bankruptcy

There are many ways, but using bankruptcy protection remains the most efficient and cost-effective way to control and end debt. Bankruptcy immediately stops harassing collection calls from creditors and provides asset protection. Done right, bankruptcy can be a stepping stone to a better financial future.

Helping people take control of debt

The experienced attorneys at Bond & Botes law firm have helped more than 100,000 individuals and couples throughout Alabama and Mississippi pay off their debts during our 30 years in business. We offer free advice to anyone who wants to help create a new financial future and start a debt-free life. If you have any questions about the process, do not hesitate to call us.

Bond & Botes helps people struggling with debt

We are local and offer a free confidential personal consultation with an experienced lawyer. We also offer free consultations from the comfort and security of your home or office via phone and/or video if you wish. Let us solve your financial problems. There is no commitment, and that means no downside in gathering the information you need to make good decisions about how to break the cycle of debt stress and move forward. We can answer all of your questions regarding Chapter 7 bankruptcy, Chapter 13 bankruptcy, ending a foreclosure or wage garnishment, avoiding liens, terminating lawsuits, settling medical debt, personal loans, payday loans, credit card debt, etc. We can relieve your stress! We want to help and we can help you!

Bond & Botes helps people struggling with debt

We are local and offer a free confidential personal consultation with an experienced lawyer. We also offer free consultations from the comfort and security of your home or office via phone and/or video if you wish. Let us solve your financial problems. There is no commitment, and that means no downside in gathering the information you need to make good decisions about how to break the cycle of debt stress and move forward. We can answer all of your questions regarding Chapter 7 bankruptcy, Chapter 13 bankruptcy, ending a foreclosure or wage garnishment, avoiding liens, terminating lawsuits, settling medical debt, personal loans, payday loans, credit card debt, etc. We can relieve your stress! We want to help and we can help you!

The Alabama State Bar requires the following: “No representation is made that the quality of legal services to be provided will exceed the quality of legal services provided by other attorneys.


Bond, Botes, Sykstus, Tanner & McNutt, PC

Web: www.bondnbotes.com

Facebook: facebook.com/Bond-Botes-Sykstus-Tanner-McNutt-PC-203986783117475/

102 South Court St, Suite 314, Florence, AL 35630

Phone: 256-760-1010 • Fax: 256-760-1023

Office Hours: Monday – Friday • 8am to 5pm

No representation is made that the quality of legal services to be provided will be higher than the quality of legal services to be provided by other attorneys.

About Bradley J. Bridges

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