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Home  >  Articles  >  Financial Difficulties After College

Financial Difficulties After College

Millions of people struggle with their finances after they graduate college. This struggle can happen for numerous reasons; perhaps you are paying back student loans with high interest, or maybe you used credit cards for all of your purchases and are now facing huge amounts of debt. Whatever the reason for your financial difficulties, it’s important to know that you do not have to face this situation alone. The attorneys of Hong Law, PLC can help Cedar Rapids debtors escape post-grad debt through legal guidance, and possible with the many benefits that bankruptcy or debt negotiation entail.

Common Sources of Post-Grad Debt

Looming debt after college almost seems like a rite of passage for many. The most common sources of post-college debt include the following:

  • Credit card purchases
  • Trips / vacations during college
  • Student loan payments
  • Difficulties finding a job after school
  • Fluctuating interest rates
  • Big life changes such as moving / getting married / having children

All of these circumstances can significantly impact your overall financial stability, making your bills seem impossible to pay and so forth. Thankfully, debt negotiation and bankruptcy are wise options for certain Cedar Rapids post-grad debtors with seemingly endless financial troubles.

Contact a Bankruptcy Attorney in Cedar Rapids

You can still take control of your personal finances, no matter how bleak the future may seem. If you or someone you know is struggling with debt after college, or otherwise, take charge today to get out of debt. Contact the Eastern Iowa bankruptcy attorneys of Hong Law, PLC by calling our Cedar Rapids offices at (319) 294-5853 today.

Iowa City and Coralville Office Location: 845 Quarry Rd #130
Coralville, IA 52241
Phone: (319) 354-1804
Map to our Coralville Office