What NOT to Do If You Are In Financial Trouble

Hi, I am Ted Machi, of Counsel to Bailey & Galyen, Board Certified in Consumer Bankruptcy Law since 1996.

There are five things you should not do if you find yourself in financial straight before seeking legal counsel: 

1. Take out a payday loan – where the interest charge may be between 200 & 700% annual interest.
2. Take out a title loan on your automobile.
3. Take out a home equity loan on your house.
4. Cash in or take a buyout from your employer, or take an early retirement.
5. Sell your IRA’s or company stock.

We may be able to help you, CALL ME BEFORE IT IS TOO LATE.