Is Bankruptcy Right for Me?

Filing for Bankruptcy

Resolving a financial crisis that has resulted in an inability to meet your financial obligations can be difficult, particularly when it includes the added pressures of debt collectors, legal threats and other consequences of not being able to pay your bills.  Finding a solution can be challenging if your debt situation is severe, and may require contacting a Cerritos bankruptcy attorney for advice.  Bankruptcy is a legal tool to help people settle their debts and move on.  There are both advantages and disadvantages to this action that should be discussed with your lawyer before making a decision to file a petition.

One of the downsides to bankruptcy is that it remains on your credit report for ten years.  You may also need to disclose a bankruptcy to your current employer, in applications for a new job, or if you are entering the military. 

There are many benefits to bankruptcy as well, including stopping collection actions such as phone calls, foreclosure, repossession and wage garnishment.  If you choose to file bankruptcy under Chapter 7 of the U.S. Bankruptcy Code, many of your assets can also end up being exempt from liquidation. 

Bankruptcy Lawyer in Cerritos

RJB Law Offices will take the time to thoroughly analyze your financial situation and help you understand the bankruptcy process.  This legal remedy may be a valid solution to your debt problems if:

  • You have lost your job
  • Are going through a divorce
  • Can't pay your bills
  • Don't have any financial reserves to cover your expenses
  • Are being sued by creditors
  • Are in danger of home foreclosure or vehicle repossession.

Our firm will be compassionate and caring in helping you through this stressful period.  We have a successful track record of alleviating the financial worries of thousands of people ensnared by mounting debt, and are dedicated to doing whatever it takes to restore your financial health.

Contact a Cerritos Bankruptcy Attorney from our firm if you are plagued by mounting debts and want to find the right solution to your financial problems.