Blog

If you’ve been struggling with mounting debt, you know first-hand what a toll this can take on you. However, there are options available to you and one road to addressing your financial problems is to declare bankruptcy. No doubt this is an extremely hard decision to come to, but in many cases, it’s the right choice to make to get yourself back on track.

Mounting debt can easily cripple a family’s financial well-being. According to data from credit reporting agency Experian, the average American carries over $96,000 in debt.

Today, American students owe more than $1.4 trillion in student loan debt, all of which is spread out among about 44 million borrowers.