Life After Bankruptcy
People are understandably anxious about filing for bankruptcy and often hesitate to contact a bankruptcy attorney. If you are considering bankruptcy but unsure whether to file, you may be worried bankruptcy will forever ruin your credit. Fortunately, as the millions of people who have filed for bankruptcy protection have learned, bankruptcy protection is not the end of your financial story. It is the beginning of a new path forward.
Through bankruptcy protection, you will be able to get out from under unmanageable debt and work toward a brighter future. Over the long-term, bankruptcy often helps improve a person’s financial situation and credit score, because they are able to pay bills once out from overwhelming debt obligations.
Bankruptcy Is Available To Help People Like You
People run into financial trouble for a variety of reasons. Job loss and serious medical conditions are just some of the more common reasons financial protection is needed.
No matter how you got to where you are today, bankruptcy is here to give people like you the chance to regain your financial footing. By filing for bankruptcy, you can end creditor actions, including judgments, wage garnishment and other harassing actions that are likely causing stress and anxiety in your life.
Bankruptcy is not giving up, nor does it signify failure. It is a way to give creditors as much as you can without irreparably harming your ability to make a living and provide for family.
Life After Bankruptcy
After bankruptcy, if you pay your bills in full and on time, you will regain your credit score. Once you have reestablished your credit, you can buy a home, obtain a car loan and use credit cards again. Some forms of credit will be available to you relatively shortly after bankruptcy ends.
We Can Answer Your Questions With A Free Consultation
If you have questions about what bankruptcy will do to your financial situation, call the Law Office of Joanne Yi, PLLC, at 703-997-9156 or by reaching us online. Our office is located in Manassas, Virginia, and our lawyers are available to speak by phone.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.