Santa Ana Bankruptcy Lawyer – Santa Ana Chapter 13 Bankruptcy Attorney
As a Santa Ana bankruptcy lawyer, I can tell you, with 100% certainty, that there is life after bankruptcy. In fact, I can almost guarantee that your life after bankruptcy will be much, much better than before. We understand that filing for a Chapter 7 or Chapter 13 bankruptcy can be a scary thought, but it doesn’t have to be. In fact, lets take a look at why your financial situation will not be as bad as you think.
First, the reason a credit card company or bank extends you a certain amount of credit is because they believe you will pay it back! Right now, you cannot pay back your debts, so credit card companies and mortgage companies aren’t getting their money. If you file for Chapter 7 or Chapter 13 bankruptcy in Santa Ana, you won’t have any more debts so you will be able make the payments. We believe, and so do many lenders, that you are a better credit risk after bankruptcy because you don’t owe anyone any money!
Second, another reason you are a better credit risk after a Santa Ana bankruptcy is that lenders know that you cannot file another Chapter 7 petition for another 7 years, so you are more likely to be responsible with your credit.
Third, as a Santa Ana Chapter 13 bankruptcy attorney, we see credit card companies offer credit almost immediately after the filing. Of course, the rates and limits will not be as favorable as they were before, but you are using these cards to rebuild your credit so you should not be carrying a balance anyway!
Fourth, while it is somewhat difficult to get a mortgage during the first few years after bankruptcy, it is not impossible. In fact, if you have a decent down payment, you should have little to no trouble get a mortgage.
We want you to know that filing bankruptcy is not the easiest thing to do, but in the long run it can provide you with tremendous savings and peace of mind. At the Law Office of Harold D. Thompson, we have been helping consumers in Santa Ana, Orange County and all Southern California file for bankruptcy protection since 1976. We can put that knowledge to work for you. Call our office today for a free confidential, no-obligation consultation. We can wipe your debt clean and get you the fresh start you deserve. Call us at 1.888.655.8330 or find out how you can become a client right away!
Our Santa Ana Chapter 13 bankruptcy attorneys are proud to serve all of Orange County including; Garden Grove, Anaheim, Irvine, Fullerton, Huntington Beach, Newport Beach, and beyond.