Uncertain investments that may lead to bankruptcy

Posted on Monday, March 30th, 2015 at 11:26 pm    

Many of us who have saved enough money or have inherited wealth want to make investments for our finances to possibly grow and eventually “work for us.” Sadly, not all investments may pan out, leaving them suffering from significant financial hardships. The following are some of the risky investments that may lead to financial problems:

  • Investing on a poorly-planned business
  • Buying stocks from an unstable company
  • Investing in a property in a risky economic climate
  • Lending a hefty amount of money to the business idea of a family member

Sinking more money into these investments to “dig yourself out” may not be a wise option. A professional can help you determine what the best legal recourse is in your particular case.

Our team knows that suffering financial problems due to wrong business investments is stressful, especially if you believe that you are running out of options. However, if you are in such a situation in Raleigh and you are considering filing for bankruptcy, the lawyers of the Bradford Law Offices, PLLC can guide you out of this trying time. Call us today at (919) 758-8879 to learn more about your legal options.