Bankruptcy for Senior Citizens
Bankruptcy for Senior Citizens is an unfortunate reality that many elderly individuals face today. Even those who have worked diligently to save their money and plan for the future can find themselves in dire financial straights due to rising healthcare costs, stagnant wages and a host of other factors. Filing for bankruptcy can be a difficult decision, but it can also provide some much-needed relief from creditors, allowing seniors to take control of their finances and get back on track.
When considering filing bankruptcy, seniors should understand the different types of bankruptcy available. Chapter 7 Bankruptcy is typically the most popular choice as it allows individuals to discharge certain debts. It is important to note that not all debts are eligible for discharge through Chapter 7 Bankruptcy; these include student loans and certain taxes depending on the individual’s circumstances.
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 can 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