Many people view filing for bankruptcy as the end of a long financial failure. The truth is you should not feel that way at all. Bankruptcy is a valid and legal way to achieve a new fresh, financial start. Rather than continuing to default on your obligations, seeking help from an experienced bankruptcy attorney is actually the responsible option.
With an office located in Kirkland, Washington, the Law Offices of Elizabeth Quick is here to educate you about the bankruptcy process and dispel any of the misinformation you may have heard online, from friends, relatives, or in the news. Before you discount bankruptcy and your other options, speak with us during a free consultation.
We want people to know the truth. We believe that with accurate information you can then make informed decisions about your future. You should be aware of the following common myths about bankruptcy that are being publicized:
Myth #1: Very Few People Qualify for Bankruptcy
Bankruptcy lawyer Elizabeth Quick will use the means test to evaluate your finances to see if Chapter 7 or Chapter 13 bankruptcy is suitable for your situation. In most cases, people do qualify, and if you don't, this does not mean there are not other debt relief options available that we can help you with.
Myth #2: You Will Lose Your Biggest Assets
Most people have the option to keep their home and their car as well as other personal property. We will work with you to save your home and prevent foreclosure. This can often be achieved through Chapter 13 bankruptcy and structuring a solid repayment plan that will keep you in good standing on your mortgage.
Myth #3: You Will Have to Repay All Your Debt
Actually, under Chapter 7 bankruptcy you can discharge many bills, including credit card debt, medical debt, and even some types of taxes. We will help you identify what can be discharged, make the proper petitions, and help you deal with all creditors throughout the process.
Myth #4: Your Credit Will Be Destroyed
This might be one of the biggest myths. You can qualify for credit after bankruptcy and rebuild your score by using credit responsibly. In fact, filing for bankruptcy will help your credit in the long term because you will be taking care of your bad debts.
Myth #5: Filing for Bankruptcy Can Be Used Against You
This is absolutely not true. An employer or anyone cannot use a bankruptcy filing as a reason to deny a job or any other opportunity. The decision to file for bankruptcy is a personal and confidential one. We do not have debtor's prisons in this country and bankruptcy is a legal option to obtain debt relief.
Myth #6: Filing for Bankruptcy Is a Long Process
Bankruptcy actually provides relief faster than most realize. We know how to prepare filings accurately so that the process runs smoothly.
Learn the Truth From a Proficient Kirkland, Washington, Bankruptcy Law Office
Before you form the wrong idea about bankruptcy, come to us for clear answers and honest information. We will help you every step of the way to understand and achieve a fresh financial start you can be proud of. We offer competitive, flexible fees, as well as flat fee services, free consultations, convenient hours and a convenient office location in Kirkland. Contact us today by calling 425-242-4037 or 888-332-2136. We look forward to working with you.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
