How a Bankruptcy Attorney Will Protect You
We specialize in bankruptcy to help you get out of debt. Filing bankruptcy creates an automatic stay under bankruptcy law that stops all collection processes, and provides you with a discharge wiping out all of your debts. With the help of an expert bankruptcy attorney, you will stop harassing phone calls, stop foreclosure of your home dead in its tracks, stop a lawsuit, and avoid wage garnishment. There are many other protections available to you, which your lawyer can utilize to protect your legal rights.
Stop a Lawsuit
Having a process server show up at your door and hand you a lawsuit can be an unwelcome and stressful situation. You are now faced with the reality that your credit card lender or other creditor has sued you with the intention of going after your assets. Any creditor with a judgment against you can put a lien against your property that you currently own or hereafter acquire. The lien can be used to conduce a foreclosure, or more commonly, the creditor will sit on the lien until you sell your property and then get paid with interest. It is in your best interest to resolve this before a lien is placed against your home. An experienced bankruptcy lawyer can help you stop a lawsuit, wipe out the underlying debt, and protect your assets.
Creditors know that the mere threat of garnishing your wages will get your attention since most people don’t want their employer and coworkers to know about their finances. If you need to file a bankruptcy to get out of debt, it is clearly in your best interest to do it before your employer is served. Once your employer is served with a wage garnishment, it places your finances in the spotlight at your workplace. It’s best to remain discrete as possible and file a bankruptcy before a garnishment has begun.
The Many Benefits a Bankruptcy Lawyer Can Help You Achieve
Many people assume that when you file bankruptcy, you have to give up all of your assets and your credit is ruined. In reality, the opposite is true. In most cases, you will keep your home, cars, and other assets. Much to most clients’ surprise, you will find that your credit score actually improves within 1-2 years after obtaining a fresh start. You can eliminate your credit card debt, medical bills, overdue collection accounts, and most other types of debt. Bankruptcy can stop foreclosure of your home. Depending upon the current value of your home and the mortgage balance owed, your lawyer may be able to eliminate your second mortgage or home equity line of credit. There are many other powerful protections and important benefits that are designed to help you get out of debt San Diego and get a fresh financial start.
If you’re just doing research about the bankruptcy legal process, you’ll find the answers to many of your questions in our Knowledge Center and our blog, both of which are kept up to date with the most current bankruptcy law. If you’re considering bankruptcy or have questions about the process as it applies to your situation, call us and speak directly to an attorney. We can go over your options, whether it’s filing under Chapter 7 straight bankruptcy, filing under Chapter 13 to stop a foreclosure, or not filing at all if that would be the best course of action for you. We have genuine concern and treat you with respect. We want to help you get on the path to a brighter financial future.
Speak Directly to a Lawyer
When you call Bankruptcy Legal Center, you’ll speak directly to a lawyer. We are a law firm exclusively representing people filing bankruptcy in San Diego County. We protect you from unrelenting creditors and give you the opportunity to regain control of your finances. Call today and speak directly to your attorney.