How Filing Bankruptcy Helps: Turn A Negative Into A Positive
Bankruptcy can drastically improve your financial situation
Filing for bankruptcy has a negative perception. Many people who file feel embarrassed and ashamed. Of course no one wants to file for bankruptcy, but for most people, doing so will actually significantly improve their financial situation. For most Debtors, they are making minimum payments or none at all on their outstanding credit cards. This causes their credit score to gradually drop over time. The credit score goes down, while the interest and balances keep going up.
When you file for bankruptcy, your credit score will take a hit. But, what is most important, is the financial relief you will obtain once you do file for bankruptcy. A chapter 7 bankruptcy will wipe out most, if not all, of your debt, so that you can start focusing on the more important things in life, such as starting a savings account, retirement fund, or saving for your children's college tuition. Once you no longer have to pay your creditors back, you have so much more disposable income that you can use towards things you actually want and need. Your chapter 7 bankruptcy will last only 3 months, and then you can focus on rebuilding your credit.
The expert bankruptcy lawyers at Atlantis Law will assist you from the start of your bankruptcy case, to the end, and even after. We will file your case, see it through to a successful discharge, and then we'll help you
rebuild your credit as well. With our help, your credit score will be significantly higher than when you filed for bankruptcy. Your bankruptcy is simply a means to an end--it is a tool to relieve your debt and help you obtain the highest credit score you've had in years.
We have many clients tell us that filing for bankruptcy was the smartest and best financial decision that they have made for themselves and their family. Here is what one our clients told us about their bankruptcy experience with us:
"It has been one heck of a year, but I wanted to thank you finally for all the hard work you did on our case. It's been one year now since we walked into your office. I am so glad we did. It wasn't an easy year by any means, but I finally can see light at the end of the tunnel. I applied for a credit card and found out my credit score is 720! wow! Better than it was going into the bk. Surprisingly, several companies let me keep my cards and credit availability. I have learned my lesson though and they will be used very sparingly if at all. We have established a savings account again and that provides much relief. More importantly, I can buy groceries and eat well again which has done much for my health, spirit, and weight loss. It is amazing to sleep again. I did a lot of research before choosing Atlantis and especially after going to court with Keith, I was extremely glad I did (boy was that an eye-opener-other firms and attorneys were so mediocre). You definitely get what you pay for. I doubt there is anyone out there that would have prepared our case as well as you did. I felt like I could totally trust both of you and just wanted you to know that I appreciate all you did to help us out of the financial mess we got into!"
These clients are not alone in how they feel about us. Read more about our client's stories and their feedback. We are proud of our track record (100% success rate) and the
excellent reputation we have built here in Rancho Cucamonga, Riverside, and the surrounding communities. If you are feeling any financial strain at all, please
contact us to schedule a free consultation. The consultation is an excellent way to get more information and discuss your different options. You may feel overwhelmed by your debt, but you're not alone, and we're here to help.