Pros And Cons Of Bankruptcy
Filing for bankruptcy can be a daunting task. You may have heard horror stories about people who have lost everything they own after filing for bankruptcy, but there are also many success stories of people who have been able to get their finances back on track after filing.
There are pros and cons to filing for bankruptcy. Some of the pros include being able to discharge your debts, which can give you a fresh start financially. You may also be able to keep certain assets, such as your home or car, depending on the type of bankruptcy you file for.
Some of the cons of filing for bankruptcy include the impact it will have on your credit score. Bankruptcy will stay on your credit report for 7-10 years, which can make it difficult to get approved for loans or credit cards during that time.
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 it 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