Decicing to file bankruptcy is never an easy choice. Whether you decide to file, make sure that you have exhausted all your options in trying to resolve your debts such as contacting the creditor or collections to work out an affordable payment arrangement or consolidating your debt through a non profit agency. If you feel you have exhausted all your options, bankruptcy may be the right choice for you.

Statistics show that a majority of bankruptcy filings are not the result of reckless or frivolous spending. Rather, the three main reasons people file bankruptcy are: 

1) Medical Debt From Catastrophic Illness: Most families go through life without financial difficulty until a family member undergoes a catastrophic illness such as cancer or is injured in a car accident or some type of injury. The problem is due to high costs of medical care and high deductibles for medical insurance. At the end of the medical treatments, families are left struggling to pay medical bills that they cannot afford.

2) Job Loss.  Unlike jobs of the past, companies terminate employees with greater frequency. You might believe that your job is secure for many years and then you are suddenly let go, saddled with debt from purchasing a home or car and other family expenses. It may take months for you to look for another job while you struggle to pay your bills.

3) Divorce. It is difficult to maintain the same lifestyle you were accustomed to when you were married. When you were married, you and your spouse probably shared in the expense of your home, vehicles and other household expenses. Now that you are paying these debts by yourself on your own income, you may not have the same economic leverage. Furthermore, additional divorce expenses such as alimony and child support continue to burden your income. 












Contact Us

Law Offices of D. Villanueva, LLC

Phone: 770-220-0818

Fax:      770-220-0814




3300 Buckeye Road, Suite 335

Atlanta, Georgia 30341 USA



3166 Cherokee Street, Suite 101C

Kennesaw, Georgia 30144 USA



2330 Scenic Highway South

Snellville, Georgia 30078 USA



Or use our contact form.

Office Hours

Business Hours:

Monday - Friday 0830 to 1700

Saturday Appointments Available Upon Request

Closed Most Major Holidays

Print Print | Sitemap
© Law Offices of D. Villanueva and the American Veterans Law Group