You Have the Choice to Take Back Control of Your Financial Future.

Dedicated to helping seniors through tough financial times

On Behalf of | Sep 2, 2016 | Debt Relief

When a person makes the decision to retire, it can prove to be bittersweet. On the one hand, they may feel upset about leaving their co-workers or the profession that they’ve grown to love, while on the other hand, they may be excited about the freedom offered by retirement.

In fact, as the days go by, most seniors don’t regret their decision to retire at all, as they have more time for hobbies, more time for relaxation and more time for family. Indeed, they may also feel confident about their decision thanks to their financial security, having saved and invested wisely over several decades.

While this is admirable, the unfortunate reality is that seniors are by no means immune to financial trouble. Indeed, everything from an unforeseen medical problem and a decision to divorce to a significant loan to a child and a fluctuating stock market can all serve to rapidly drain the finite resources of even the most responsible seniors.

When the truly galling and truly distressing letters and calls from debt collectors — who neither know nor care about your lifetime of paying bills on time — gets to be too much, seniors should know that they have options.

Through Chapter 7 or Chapter 13 bankruptcy, they can do the following:

  • Stop creditor harassment
  • Manage medical bills
  • Stop foreclosure
  • Eliminate or reduce credit card debt

Even though seniors might be tempted to dismiss this option outright owing to fear or pride, it’s important for them to understand that there are many myths out there concerning bankruptcy. Indeed, those who file are generally able to retain possession of their home and retirement assets, reestablish credit quickly and secure a fresh start.

To learn more about your options concerning bankruptcy, consider contacting Kingcade & Garcia. We have decades of experience helping clients of all ages and from all walks of life secure much-needed debt relief.

To learn more about the services we offer to South Florida’s seniors, please visit our website.


Kingcade & Garcia | A Miami Law Firm