Can a Bankruptcy Filing Mend Your Relationship With Your Parents?

The loneliness of young adults is not only about devices, although the ubiquitous smartphones certainly do not help us feel connected to the other people in our midst. Yes, you have a relationship with your parents; you go to their house to do your laundry, and you linger after the last pieces of clean clothes have been folded, simply because their house is more spacious than the apartment you share with roommates. You can feel the judgment in their every word and their every facial expression. They can’t understand why they need to give you money every month, even though you have multiple jobs. Likewise, if your roommates knew how much money your parents give you, it would only increase the resentment and distrust in your apartment. Talking about it with strangers on the Internet would also make things worse, because people who open up on the Internet are easy prey for frustrated trolls who are looking for a place to show the worst aspects of their nature. If you need a way out of financially depending on your parents but do not know what your options are, contact an Oakland lawsuits, collections, and creditor harassment lawyer.

Bankruptcy is for Impoverished Nepo Babies, Too

If you are a young adult, or even a not-so-young adult, and your parents help you with your bills every month, you are in good company. Your roommates might take every opportunity to tell you that you are the next worst thing to a trust fund baby, and that their parents have never had a quadruple-digit bank account balance, and even if they did, they would not share a penny of it with your roommates. Fortunately, a cohort of financially stable parents was willing to spill the beans to USA Today. Each of the survey participants has a son or daughter who is at least 18 years old.

Half of the parents surveyed said that they give their children money each month to help them with bills. The average contribution to recipients between the ages of 18 and 29 was $1,800 per month, while for recipients between the ages of 30 and 44, it was $800 per month. The money mostly went to debt payments, including credit cards and car payments, but it also went to rent.

The money you accept from your parents always has strings attached. If you can only keep up with your debt payments by being subject to your parents’ whims or their bigotry, maybe you cannot afford to keep up with your debt payments. Everyone who cannot pay their debts has the right to discharge eligible debts by filing for bankruptcy. By meeting with a bankruptcy lawyer, you can start to rethink your finances and strategize about how to get maximum debt relief out of your bankruptcy case.

Contact the Law Office of Melanie Tavare About Becoming Financially Independent of Your Parents

A debt relief lawyer can help you get out of debt without becoming indebted to your parents in non-financial ways. Contact the Law Office of Melanie Tavare in Oakland, California, or call (510)255-4646 for a case evaluation.