Bankruptcy Myths: Santa Clarita Bankruptcy Attorney
Solutions to Overwhelming Debt
There are many myths and common misconceptions surrounding the subject of
bankruptcy. One of the most common myths is that only financially irresponsible people
file for bankruptcy. This is simply not true. Most people who file have
not taken any unusual risks or acted irresponsibly to cause their financial
condition. Loss of a job, illness, injury, or divorce can upset the financial
balance in almost anyone's life. If you are facing overwhelming debt,
you need the help of an experienced Santa Clarita bankruptcy lawyer.
At the RJB Law Offices, we understand the difficulties and stress you are
going through as you struggle to make your decision about bankruptcy or
other types of
debt relief. Our firm is committed to compassionate legal advocacy, effective solutions,
and personal, individual attention. We treat every client with dignity
and respect. We offer a
free online consultation to help you begin the process of gaining control of your financial situation.
Common Myths about Bankruptcy
Many people believe that filing bankruptcy will ruin their credit for 10
years. This is not true. Bankruptcy will stay on your credit report for
up to 10 years, but that does not mean that your credit rating will suffer
for that long. For many people, filing bankruptcy helps them get control
of their finances and start paying bills on time. This improves their
credit rating, and the recovery process can take as little as 2 years.
Our knowledgeable Santa Clarita bankruptcy lawyer can help you decide
Chapter 7 or
Chapter 13 bankruptcy is the right option, or if other debt solutions might be recommended for
you. Our goal is to provide you with the legal option that will best serve
your needs in resolving your debt problems.
Another common myth is that changes to the bankruptcy law in 2005 made
it difficult for most people to file for bankruptcy. Although the law
did change, in fact, approximately 95% of the people who would have qualified
for Chapter 7 before 2005 would still qualify today. We know how daunting
and overwhelming debt can be. Let our seasoned Santa Clarita bankruptcy
attorney provide the legal guidance and help you need for a brighter financial future.