"Bankruptcy For Credit Card Debt"
Bankruptcy For Credit Card Debt
If you're struggling with credit card debt, you may be considering bankruptcy as a way out. But before you make the decision to file for bankruptcy, it's important to understand how it will affect your credit.
Bankruptcy will stay on your credit report for seven to 10 years and will make it difficult to get approved for new credit during that time. It's also important to know that there are two types of bankruptcies: Chapter 7 and Chapter 13. Chapter 7 bankruptcy will discharge all of your debts, but you may have to give up some of your assets. Chapter 13 bankruptcy requires you to repay your debts over a three- to five-year period.
While bankruptcy may be a way to get out of debt, it's not always the best solution.
The Law Offices of Omar Zambrano has helped thousands of the 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 12738 Ramona Blvd Baldwin Park CA 91706