LIFE AFTER BANKRUPTCY IN CHARLOTTE NC
If you are unable to keep up with juggling payments, making your monthly mortgage and car payment and handling other bills, you may be considering filing for bankruptcy. Many people have heard myths, half-truths and outright falsehoods about what your life will be like after bankruptcy. Creditors, of course, want you to believe the worst.
Skilled Bankruptcy Lawyer Serving Charlotte, Mecklenburg County And Surrounding Counties
I am attorney Rashad Blossom. I have years of experience helping people get a fresh start from the overwhelming burden of consumer debt. I have been in your shoes. I came from a working-class family that struggled making ends meet the same way most middle-class people do. I have seen firsthand how uplifting it can be for a family to know it won’t be indebted to credit card companies forever. I know what it means for a single mother or young father to know that money can be set aside for more useful purposes, rather than paying off a credit card.
Call me to discuss your situation. I will give you the facts about life after bankruptcy, so you can make an informed decision. From offices in Charlotte, I represent individuals and families filing for bankruptcy in communities throughout Mecklenburg County and North Carolina. Call 704-BLOSSOM (256-7766) or contact the office by email to arrange a free bankruptcy consultations with an experienced Charlotte attorney today.
Maybe these facts will help lessen your concerns and worries about filing bankruptcy:
- Your house and car: Most people will be able to keep one family car and remain in their home after filing Chapter 7 or Chapter 13. You can agree to keep making your monthly mortgage payments on time and you can keep the house.
- Your credit rating: Yes, of course, bankruptcy will have a negative impact on your credit rating. I will show you ways you can begin rebuilding your credit rating right away. Many people will qualify for a loan in one year or less. Consider things from the creditor’s perspective: you are a better financial risk now that you are no longer in over your head in debt, juggling payments every month.
- Job prospects: If you are applying for an upper-level executive management position, your prospective employer may choose to review your credit report. For most job postings, however, employers will not review your credit rating and may be restricted from doing so.
- Student loans: You will not be allowed to eliminate student loan debt in a bankruptcy, but you can include your student loans as part of a consolidated repayment plan under Chapter 13. If you are considering taking out additional student loans after bankruptcy, you will probably be restricted to federal guaranteed loans for a few years.