If you are struggling with debt, you may be asking yourself, "Why should I file for bankruptcy?" At San Diego Debt Relief, we help you understand the reasons for bankruptcy, and whether it is the right option for you. We represent people throughout the greater San Diego area who need debt relief.
Bankruptcy is designed to eliminate your debts and give you the opportunity to start over. We seek to dispel bankruptcy myths such as the following that may be holding you back from obtaining the fresh start you need.
Myth: I will lose my house, my car and all my possessions in bankruptcy.
Fact: California laws provide exemptions up to a certain dollar amount for home equity, cars and personal belongings. Moreover, bankruptcy stops creditor harassment and all collection actions including wage garnishment, and in many cases, repossession and foreclosure.
Myth: I must use up all my resources, like my 401(k), before I can file bankruptcy.
Fact: You do not have to spend your life savings to get a handle on your debts. Our firm provides the in-depth knowledge and guidance you need to protect your retirement accounts and other assets in bankruptcy. Don't wait until after your retirement is spent to call us!
Myth: Bankruptcy will ruin my credit score.
Fact: While bankruptcy will initially lower your credit, it gives you the opportunity to begin again. Many people discover that once free of out-of-control debts, they have the financial freedom to start rebuilding their credit.
Myth: With new changes to the Bankruptcy Code, only a select few actually qualify for bankruptcy.
Fact: The U.S. Bankruptcy Code is your constitutional right to obtain a fresh financial start. Therefore, most people who think they don't qualify for Chapter 7 or Chapter 13 bankruptcy are in fact eligible to pursue debt relief through bankruptcy. Our attorney will help you understand your rights and options to find the most effective solution for your unique situation.
Bankruptcy Is a Solution, Not a Last Resort
Whatever your debt problems, our goal is to help you find the relief you need to move on with your life. By consulting with a knowledgeable attorney as soon as possible, you stand to gain much more than you could lose.
If you are unsure whether bankruptcy is right for you, tell us about your concerns in a free initial consultation with our San Diego bankruptcy lawyer. Call 949-243-7619 or toll free 888-755-2559 or contact us online to schedule an appointment. Our staff speaks both English and Spanish. We accept debit cards and offer payment plans at little or no money down. Se habla español.
We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.
