Debt can greatly hurt your credit, and you may have watched your credit score plummet in recent months or years. At the Law Offices of David Brodman, we understand that this time in your life may be difficult, but with the guidance of our firm, you can begin to repair your credit through bankruptcy or through other options that allow you to avoid the bankruptcy process.
When you work with our firm, we can fully evaluate your case and determine which course of action is best for you and your particular situation. We have years of experience handling a variety of complex bankruptcy cases and financial situations, and we may be able to help you as well. If you are looking to repair your credit, contact the Bronx bankruptcy lawyer from our firm right away.
One way that you can repair your credit is by filing for bankruptcy. As contradictory as this may sound, it is actually a very effective solution to financial woes. When you file for Chapter 13 or Chapter 7 bankruptcy, you will have all non-secured debts discharged. In most cases, credit card debt is eliminated, and your slate is essential "wiped clean."
The moment you file for bankruptcy, an automatic stay will be placed onto your account and all collection attempts and creditor calls will cease as well, leaving you with a sense of relief. While bankruptcy will stay on your credit score for 7 to 10 years, you can begin rebuilding and repairing your credit almost immediately after filing.
A number of credit repair agencies exist that can work with you to repair or reconsolidate your credit without you having to file for bankruptcy. These companies can help improve your credit score, but they will not make your bad credit completely vanish. If you do decide to work with a credit repair agency, it is important that you contact our firm because there are a lot of scams and companies that will claim to offer "free" credit repair. Our firm can help you determine whether an agency is credible and ensure that your rights are protected throughout the credit repair process.
A lot of options are available to you, and determining which is right for your situation can be difficult. If you have been looking to get out of debt and repair your credit, it is important that you contact the Law Offices of David Brodman. Our firm stands ready to offer you sound legal advice regarding your situation and financial concerns. If you have questions or if you are interested in learning about your eligibility to file for bankruptcy, contact the Bronx bankruptcy lawyer from the Law Offices of David Brodman right away. Complete a free case evaluation form today to get started!