What Does Filing Bankruptcy Do?
Filing bankruptcy is a legal process that can help individuals and businesses erase their debts and get a fresh financial start. Before taking this drastic step, however, it's important to understand exactly what filing bankruptcy will do for you.
Bankruptcy is designed to give debtors relief from creditors by discharging certain types of debts. This means that if you file for bankruptcy, your creditors can no longer legally pursue you for payment on the discharged debts. In some cases, this may mean that you don't have to repay any of the money owed on these debts. However, there are some exceptions; certain types of debt such as child support payments or student loans cannot be discharged in bankruptcy proceedings.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at the 12738 Ramona Blvd Baldwin Park CA 91706