Local Bankruptcy Attorney Cautions Extreme Measures During COVID-19 Pandemic

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Balkin has been an attorney for more than 33 years, with a private practice in Lockport since 1986. He has been a partner in the firm of Jackson & Balkin since 1999. Balkin has represented thousands of clients in all areas of law, with a strong emphasis in Matrimonial, Family Court, Bankruptcy, Criminal law and general litigation.

 

IS YOUR INCOME TERMINATED OR THREATENED? HAVE YOU REACHED THE POINT WHERE YOU ARE JUST MEETING MINIMUM OBLIGATIONS ON YOUR CREDIT CARD DEBTS AND FALLING FURTHER AND FURTHER BEHIND? ARE YOU CONSIDERING USING YOUR 401K OR IRA TO MEET CREDIT CARD DEBT, AUTOMOBILE OR HOME LOAN DEBTS?

PLEASE TALK TO AN EXPERIENCED BANKRUPTCY ATTORNEY PRIOR TO TAKING THIS DRASTIC STEP.

I HAVE BEEN PRACTICING BANKRUPTCY LAW FOR OVER THIRTY YEARS. I HAVE ALMOST NEVER SEEN A SITUATION WHERE DRAINING A 401K OR IRA TO MEET CREDIT CARD DEBT OR TO PAY OFF A CAR LOAN WAS THE SMART MOVE WHEN CURRENT INCOME IS STOPPED OR SIGNIFICANTLY DECREASED. I HAVE HAD CLIENTS COME TO ME AFTER THEY HAVE TAKEN THIS STEP AND IT SEVERELY LIMITED MY ABILITY TO HELP THEM. IF YOU HAVE ALREADY TAKEN THIS STEP AND SIXTY DAYS HAVE NOT YET GONE BY IT MAY NOT BE TOO LATE.

I ANTICIPATE THAT THE CURRENT ECONOMIC CLIMATE IS GOING TO SET UP A LOT OF PEOPLE TO CONSIDER TAKING MONIES FROM 401K’S OR IRAS. PLEASE CALL OR CHAT WITH ME FIRST.

VISIT OUR WEBSITE AT https://www.jacksonbalkindangelolaw.com OR EMAIL ME DIRECTLY AT BALKINDANGELO@GMAIL.COM.

 

**attorney advertising**


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