Respected Albuquerque Bankruptcy Attorney Defends Your Rights
Whether you are facing wage garnishment, bank levies, or any other bankruptcy related matter, I can help. You can count on me to deliver exceptional litigation services when you need them most. For immediate help, call my law firm at (505) 710-4992.
Benefits of Filing for Bankruptcy in Albuquerque
We File Chapter 7 and Chapter 13 Bankruptcy
Which is for Me? Albuquerque Bankruptcy Lawyer Offers Advice
When determining which chapter fits your situation, ask yourself:
- Can I take on 36-60 monthly payments to pay down creditors?
- Would letting things go back be cheaper than reaffirming them?
- Are you expecting to make a home or similar purchase within a few years?
Bankruptcies, while they remain on your credit file for seven years and six months, begin to diminish in effect after 2-3 years. Mortgage companies usually want three years out of bankruptcy; auto lenders want the bankruptcy discharged.
Chapter 13 bankruptcy leaves credit no more or less “blemished” than Chapter 7. Both are eligible for discharge at some point, and appear on credit reports as such. One should never base their filing choice off their credit report, however, as the effects of either will fade over time.
Also, remember that some repayment plans may not fit all budgets.
Contact a Bankruptcy Lawyer Today
If you are thinking about bankruptcy in Albuquerque, do not delay in taking care of the issue. Let my trustworthy reputation of consistent representation assist you in bankruptcy filing so you can free yourself from the stress these issues are causing you. I protect the rights of clients in this community with the level of integrity and thoroughness your problem deserves.