Chapter 7 Bankruptcy Lawyer Phoenix, AZ
As you are considering filing for bankruptcy, it is important that you seek help from a Chapter 7 bankruptcy lawyer Phoenix, AZ has relied on for years from Kamper & Estrada, PLLC. It is not uncommon for people who are looking into bankruptcy to think that this is a desperate option that may not even make things better. They hear that bankruptcy can mess up credit and can put them on a blacklist when it comes to renting apartments and getting loans. This is not necessarily the case, however, and we would like to shed some light on what bankruptcy could do for you. Want to see how we can help you in your financial situation? Give us a call now. We look forward to working with you.
Will bankruptcy help my financial situation?
This is a big question and there is no simple answer to it. If you qualify for bankruptcy, there are many things it can do for you. When you work with a bankruptcy lawyer Phoenix, AZ offers, you can gain insight into the value bankruptcy may have for you. For example, while bankruptcy will lower your credit score, this does not mean there is no coming back from it. We can advise you on ways to slowly and steadily bring up your credit. Further, you should not be worried that you will never be able to rent an apartment or purchase a house again. As you are working on bringing up your credit, you will have better chances of being able to get a loan. Additionally, your bankruptcy will eventually fall off of your credit score making it easier for you to get a loan.
Will I lose everything throughout the bankruptcy process?
Even when you file for Chapter 7 bankruptcy you will not lose everything. A court-appointed trustee will sell your assets that are not exempt. If you have an asset that is exempt, this means that it is protected from being sold during the bankruptcy process. Once some of your assets have been sold, they will pay off certain debts to your creditors. This can quickly allow you to have your slate wiped clean.
Should I go through this process without an attorney?
We recommend that you speak with an attorney before beginning the process. This can help you to understand what you will go through during the process and what your life may be like after bankruptcy. Want to see what we can do for you? Contact a trusted Phoenix, Arizona Chapter 7 bankruptcy lawyer from Kamper & Estrada, PLLC now.