Answer:

A lot of people ask us about filing a bankruptcy. A bankruptcy should not be your first option. A bankruptcy works magic. It does a lot of good things for people. It stops a foreclosure. It stops wage garnishments. It stops repossessions. Bankruptcy works like magic for honest people. There’s no question about that. It can solve a lot of problems that help you get yourself back onto a good financial road. To file bankruptcy, you need to use an experienced attorney who would look at the details of your issues and help you determine whether or not it is the best alternative for you. Many times, you can work out issues with one particular creditor, obtain a loan or modification, for instance, on your house loan. You would want to use an experienced attorney to look at your overall situation to help you determine whether or not a bankruptcy is in fact the best avenue for you to basically rehabilitate your credit. If you have any questions, please contact our office.