All Press Releases for December 19, 2012

Spending Too Much this Holiday Season Can Lead to Bankruptcy, Notes Chattanooga Bankruptcy Attorneys

Clark & Washington warn Chattanooga shoppers to spend wisely this holiday season, to avoid financial troubles and possible bankruptcy.

    NORCROSS, GA, December 19, 2012 /24-7PressRelease/ -- Clark & Washington, Chattanooga bankruptcy attorneys, note that the holiday season is one of the easiest times of the year to rack up massive amounts of debt, which could lead residents to bankruptcy and other financial troubles.

The desire to give great gifts this holiday season can cause many Chattanooga residents to amass debt that they had not planned for, and can often be the first step to financial troubles, like bankruptcy. Great sales and nifty gift ideas can play on shoppers' passions and keep them from considering the bottom line. Once January hits, so does reality.

Many shoppers do not consider or keep tabs on the money they are spending for gifts, and Chattanooga bankruptcy attorneys Clark & Washington acknowledge that the lack of a budget or accounts of spending during the holiday season can overextend households. January brings a harsh reality that there is just not enough money to pay the bills.

The expert bankruptcy attorneys at Clark & Washington suggest that holiday shoppers keep a keen eye on their budget, limiting their spending to a specific amount, so that shoppers are not spending more than they have. Give each person a specific gift amount and do not exceed it. A great way to do this is by getting gift cards in the specific amount; that way, you are only spending what you have budgeted.

However, impulse shopping may get many Chattanooga residents this holiday season. If you find you have overextended yourself and are facing bankruptcy, contact Clark & Washington, the Chattanooga bankruptcy experts. They can help straighten out your bankruptcy needs and get you back on the road to success.

For more information on Chattanooga bankruptcy requirements and bankruptcy services offered by Clark & Washington, visit their website at

About Clark & Washington

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the southeast. They have locations in Georgia, Florida, and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

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Norcross, GA
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