Get Help from a Coral Springs Bankruptcy Attorney

 

Those interested in a Chapter 7 bankruptcy probably have a thousand questions about whether or not they even qualify and the procedures which follow. Rather than go it alone, calling an experienced Coral Springs bankruptcy attorney can be a great idea for anyone in dire financial straits such as those with large debts or homeowners in foreclosure. There are several pros and cons to filing for a bankruptcy and only a skilled and knowledgeable attorney can offer you sound guidance into what your options are. Call the accomplished attorneys at Brodzki Jacobs & Associates today to discuss the best course of action moving forward with your Coral Springs Bankruptcy.

One of the biggest advantages to a Chapter 7 Bankruptcy in Coral Springs, FL is the speed at which a case can be resolved. In many cases, someone can file for bankruptcy and see relief from their debt in less than six months’ time. This allows someone to start rebuilding their credit as soon as possible which can help obtain things like credit cards or auto loans down the road. One of the cons of a Chapter 7 bankruptcy is that will appear on your credit report for a period of 10 years. However, it takes just about 2 years to re-establish good credit. Making payments on time and in full is a great way to boost your credit rating and starting early is important.

Many people are concerned that they will have their credit cards taken away from them following a bankruptcy, but considering credit cards are a large culprit in the compilation of debt, that may not be such a bad thing after all. Credit cards require responsible spending habits but some people struggle with that. Learning how to responsibly use credit cards starts with not having one for a bit then slowly working your way back to good credit. Building a credit report or score back to acceptable levels doesn’t happen overnight, but it won’t say low forever either so long as you take the necessary steps to financial stability.

There are plenty of misconceptions about what a bankruptcy in Coral Springs, FL means for someone and their family. A bankruptcy can be a wonderful option for a person out of options but that doesn’t mean it’s a panacea for all your financial woes. A bankruptcy simply offers someone the chance to get out from under their debt and hopefully do some things differently the second time around. Contact the experienced bankruptcy attorneys at Brodzki Jacobs & Associates today for a consultation.

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