Bankruptcy Attorney CRiverside, North County San Diego & San Diego Metro

Won’t bankruptcy ruin my credit for years?

Actually, if you are considering bankruptcy, you most probably already have an issue with your credit score, or are about to. The big advantage of filing for bankruptcy is that you’ll NO LONGER OWE many of your debts and they will now show a ZERO balance on your credit report. Since there is such a large number of people filing for b/k, it no longer has the negative stigma that it once did. You will find creditors vying for your business immediately after you recieve your discharge. Carefully managing your financial situation after bankruptcy can quickly get you back on your feet and your scores up.

Can filing for bankruptcy save my home?

Every case is unique, but there are certainly options in bankruptcy to save your home or rental properties from foreclosure. Many individuals in the State of California are victems of a bad economy and now find themselves overwhelemed with debt upside-down in the real-estate holdings. If this is the case, a bankruptcy filing can give you the time and opportunity to handle the back payments. If nothing else, the very act of filing a bankrupcty will delay a pedning foreclosure or an actual eviction. It is critical that you immediately obtain a free consultation from one of our bankruptcy attorneys. At Legal Objective, an attorney will assist you in determining how to best move forward in resolving serious debt and any mortgage issues.

Does filing bankruptcy allow me to be debt free?

Not all types of debt can be discharged in a Chapter 7 bankruptcy filing. For example, student loans, current taxes, child support and alimony are potential non-dischargeable. The good news is Credit card debt, personal loans, overdue medical bills as well as many other types of debts are completely dischargeable. Eliminate the dischargeable debts will make paying the bills that are ineligible for discharge much easier to pay. If you owe money for your car or home, there are solutions that could help you keep these items, and reduce the payments or the total amount owed. Take the first step toward financial freedom and contact our office for a free consultation with an experienced bankruptcy attorney.

I got a letter that my wages are going to be garnished. What can I do about it?

When you file for bankruptcy, there is an immediate stop on garnishments on your paycheck. Through the bankruptcy process, the outstanding debt will be sorted, and in most cases discharged. You will once again have access to your whole paycheck.