Having to go through bankruptcy is something that everyone in San Diego, and everywhere else in the country for that matter, wants to avoid at all costs. No one wants to file, but even as the economy is starting to recover, many people are finding that it is increasingly difficult to make ends meet and to pay the bills. Some people lose jobs or find themselves faced with an unexpected emergency, such as medical bills. In those cases, it might be time to file. In fact, you may find that filing now might actually be beneficial.
Most of the time, you will be able to keep your home when you file for bankruptcy. This is better than ruining your finances and eventually getting to the point where you can’t pay your mortgage and face losing your home. Another benefit is that your creditors will stop calling at all hours of the day. It’s tiring to have to deal with creditors and collection agents, who may even try to start calling your workplace. When you file, you can discharge all or at least a large portion of your debt. This leaves you free to rebuild your finances.
Bankruptcy is also private. People do not have to know that you are filing, and you can keep your information private. The chance of someone finding out that you filed, unless they specifically go looking for the information, is very slim.
When you have a fresh start financially, your entire outlook on life can change for the better. Don’t let the stigma of bankruptcy keep you from considering filing. Talk with a San Diego bankruptcy attorney today to learn more about filing as well as what you will have to do to improve your financial situation. It is actually easier than you might think.
