Bankruptcy is not the end; it is a new beginning.
People just like you throughout California are asking themselves whether this month’s paycheck will be enough. Expenses keep going up, but income stays the same. To you and others like you, it probably seems as though there’s no way out.
The California bankruptcy attorneys at Hughes Financial Law are experts in helping people struggling with debt to gain the upper hand on creditors and forge a new path to financial prosperity. Our attorneys have extensive experience handling Chapters 7, 11, and 13 bankruptcies. However, it’s our understanding of our clients’ needs that makes us the right attorneys for you.
Bankruptcy isn’t something to be ashamed of. We all want to pay our bills and provide for our families. Filing for bankruptcy is merely the first step you need to take to get yourself back on top of your bills and living a more stress-free life. The California bankruptcy attorneys at Hughes Financial Law want nothing more than to see you succeed in taking the fight to your creditors. Remember, bankruptcy is not the end; it’s a new beginning. Contact us online, visit one of our California offices, or call 800-385-2821 and start fresh today.
Three things you need to know if you’re considering bankruptcy
If you’re considering bankruptcy, the first thing you should do is talk to our California bankruptcy attorneys at Hughes Financial Law. In California, bankruptcy laws are complicated and always changing, so you’ll need professional counsel to navigate the process. However, there are some “bankruptcy basics” that every Californian should know:
The best way to decide whether bankruptcy is right for you is to meet with a California attorney who specializes in bankruptcy and debt solutions. A good bankruptcy attorney will provide a free consultation, charge a reasonable fee, set up a payment plan you can afford, and demonstrate a solid track record of successfully handling bankruptcies like yours. Your California bankruptcy attorney should also thoroughly discuss the different chapters of bankruptcy and alternatives to bankruptcy so you can make the decision that’s right for you and your financial future.
Your bankruptcy attorney will ensure you take full advantage of all the many benefits of filing for bankruptcy in California. First and foremost, bankruptcy can effectively wipe out most, if not all, of your credit card debt and other unsecured debt. Bankruptcy can also stop repossession of your home or car and will immediately stop creditors from contacting you by phone or mail. While bankruptcy will show up on your credit report for up to ten years, you can benefit from bankruptcy by rebuilding your credit immediately. Our bankruptcy attorneys here at Hughes Financial Law can share with you both Californian and national lending institutions that work with individuals who have less-than-perfect credit scores.
As you work with your California bankruptcy attorney to decide whether or not to file for bankruptcy, it’s important to know what bankruptcy can’t do. Bankruptcy usually can’t get rid of student loans, as it’s very difficult to prove that repayment of student loans would cause “undue hardship.” Also, bankruptcy can’t wipe out child support and alimony obligations; you’ll still be required to pay those amounts in full. While bankruptcy can dismiss many debts, it typically does not eliminate liens that allow creditors to repossess property not paid for; in some cases, though, bankruptcy attorneys can help California residents keep their property. Bankruptcy also can’t automatically waive tax debt, but the experienced bankruptcy attorneys at Hughes Financial Law can increase your odds of discharging unpaid taxes.