Is It A Good Idea To Delay Filing Bankruptcy?
Bankruptcy is a difficult decision for individuals and businesses alike. While filing for bankruptcy can provide relief from debt, it can also have serious consequences for credit scores and future borrowing ability. So the question is: Is it a good idea to delay filing bankruptcy?
In some cases, delaying one’s bankruptcy filing may be beneficial. If an individual or business has recently come into money that could pay off some of their debts, delaying the process until they’ve had a chance to use this new income may be wise. Additionally, if an individual or business anticipates getting an inheritance in the near future, waiting until after this infusion of money might reduce how much they need to declare in their bankruptcy case.
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