How Will Filing Bankruptcy Affect My Children?
Filing for bankruptcy can be a difficult decision to make, and it’s important to consider the effects that this may have on your children. Bankruptcy can bring about many changes in a family’s finances, but it’s important to understand that these changes don’t necessarily reflect negatively on the entire household. There are certain factors to keep in mind when considering how filing for bankruptcy could affect your children, such as their access to credit, future employment opportunities and financial stability.
One of the most significant ways that filing bankruptcy could affect your children is their access to credit. Once you file for bankruptcy, any assets or property owned by you or your dependents may become part of the proceedings in order to pay off creditors.
The Law Offices of Omar Zambrano has helped thousands of people and businesses on 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