Anaheim Bankruptcy Attorney – Anaheim Chapter 7 Bankruptcy Lawyer
As an Anaheim bankruptcy attorney, I see a lot of debt consolidation services promising financial freedom. Most of these services will set you up with a credit counselor who will thereby convince you to start making payments to the debt consolidation company. As a bankruptcy attorney, I strongly suggest you not go with one of these companies. A great majority of our clients went to a debt consolidation company just to have their hard earned money taken without seeing any results. I promise you will be much better off seeking the advice of an Anaheim bankruptcy attorney first in order to find out your options.
You see, these people are more salesperson than advisor. They have been trained to say and do the right things in order to get your business. They are not looking out for your best interests. When you are in a difficult financial position you are even more vulnerable to these scams and they know it.
The first thing the company will do his have you sign a contract that you will not understand. This is assured. Part of the debt consolidation contract will allow the company to take a portion of your monthly payment as their fee. In certain circumstances, a large portion of your payment will go to the debt consolidation company and will not be used to pay down your debt. Of course, it will take some time for you to actually notice your debts are not being reduced. By this time it is too late.
Also, most debt consolidation companies will not tell you that the consolidation will negatively impact your credit score. If they do decide to tell you this it will only be after you have signed the contact and started making payments to them. These companies will tell you not to seek the advice of an Anaheim bankruptcy attorney because filing for Chapter 7 or Chapter 13 will ruin your life. This, of course, is untrue. If you think about, you would not expect a debt consolidation company to recommend you file bankruptcy. If they did, then all your debts would be wiped out and they would be out of business.
As an Anaheim bankruptcy attorney, I want to make sure you know all your options before you make a decision. At the Law Office of Harold D. Thompson we have been helping consumers in Anaheim and all over Southern California since 1976 get the fresh start they deserve. Whether it is stopping a foreclosure or wage garnishment, filing for Chapter 7 or Chapter 13 or just getting some sound legal advice, we will fight for your rights. Call our office TODAY at 888.665.8330 for a free confidential consultation or find out how your can become a client right now!