AtSheldon Law Office, weviewbankruptcy as part of a larger process ofgetting... more
AtSheldon Law Office, weviewbankruptcy as part of a larger process ofgetting yourestored to financial health.We will explore all your options, includingdeed in lieu of foreclosure, debt settlement and loan modification, as well as bankruptcy under Chapters 7, 11and13. Following the discharge of debt, we will follow up with the credit bureaus to make sure they areaccurately reporting your cred... view profile
A bankruptcy attorney can help you manage personal or professional debts you are unable to pay. Bankruptcy laws allow people and businesses to (1) get a “fresh start” by relieving most debts; and (2) repay the money owed to all creditors as fairly as possible. When you file for bankruptcy protection, all other legal actions against you are put on hold. Creditors cannot sue you, garnish your wages, repossess your car or home entertainment system, or start or continue with a foreclosure action against your home. There are different types of bankruptcy filings and each has its own advantages. Since bankruptcy can significantly impact your future purchasing power and credit rating, you should see a bankruptcy attorney to make sure the benefits of filling bankruptcy outweigh the consequences.
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