the time most people decide to file bankruptcy, their credit
it already messed up..."
Bankruptcy doesn't work the way you think!
For instance, people think that when they file bankruptcy, they
will lose everything they own. NOT TRUE. Most of our bankruptcy
clients don't lose any property.
People also think that filing bankruptcy will hurt their credit.
In most cases, this is not true either. The reason is simple:
By the time most people decide to file bankruptcy, their
credit it already messed up.
Think about it... if you credit is already messed up, bankruptcy
can't hurt it. Once your credit is messed up, filing bankruptcy
can't do anything but help. The fact is that filing bankruptcy
can actually help you rebuild credit ... because the first step
to rebuilding credit is to get rid of debt ... and that is exactly
what bankruptcy does best.
Maybe all you need is a consumer credit counseling debt reduction
plan ... the same type of plan you see advertised on TV and the
radio ... where you can reduce payments without filing bankruptcy.
We can tell you about that.
This type of plan is extremely useful if all you need is to lower
the payments on a few credit cards. If you qualify for one of
these plans, many of your creditors will stop hitting you with
late fees and over-the-limit charges, and will even make positive
changes to your credit report, to show that you are now current
on your bills.
And if you don't qualify ... there are other options. For instance,
it may be in your best interest to lower payments by getting a
loan to consolidate some of your bills or by refinancing a debt.