Life After Bankruptcy

Valencia Bankruptcy Lawyer

Many people who are considering bankruptcy as a solution to their overwhelming debts or to protect their home form foreclosure wonder what life will be like after they have completed the process. There are numerous myths circulating about bankruptcy, including the idea that your credit will be ruined and that you will never be able to get another credit card or loan. Such ideas are totally false. Although bankruptcy does stay on your credit history for 10 years, the fact that your debts are eliminated or have been fully paid off actually improves your credit status to anyone considering giving you a loan. To learn more, speak to a Valencia bankruptcy attorney at RJB Law Offices. Find out how bankruptcy can eliminate all of your unsecured and credit card debt while protecting you from any further threats of repossession or foreclosure.

Part of any bankruptcy is the requirement that you receive credit counseling to prepare you for a better financial future. Learning how effectively budget and maintain your financial obligations will rapidly repair your credit and allow you to get a car loan or credit card within months after completing your bankruptcy. Since 2001 we have assisted many thousands of our clients resolve their financial woes through bankruptcy and helped them take the necessary steps to achieve financial solvency.

Bankruptcy Attorney in Valencia

Anyone who would consider giving you a loan, whether for a car or perhaps a new home, will see that you have gone through bankruptcy. What is more important to most lenders, however, is your debt to income ratio. After bankruptcy has eliminated most or all of your debt, if you earn a sufficient income for enough time, a few months to a few years, a lender will see your debt to income ratio is much improved and the fact of bankruptcy becomes less of an issue. While we will stand beside you every step of the way during your bankruptcy, we will remain available to you afterwards to answer any questions you have or help you deal with any other financial problems you may face.

Contact a Valencia Bankruptcy Lawyer to learn life could improve for you after bankruptcy by eliminating your debt and giving you a chance for a better financial future.