Bakersfield Chapter 7 Lawyer
Keep in mind that people filing bankruptcy in the Bakersfield Area will need to attend a hearing at the Federal Bankruptcy Court. By retaining our law firm you may rest easy by being assured of having the representation of a professional bankruptcy attorney. We are strong advocates for our clients and we don’t back down to anyone. Our law firm takes the worries out of filing bankruptcy for our clients. If filing for bankruptcy is something you need to do then your delaying filing is likely to result in just greater financial losses. If you’re looking for help with debt relief then call us now to explore your options.
Carrying a lot of debt will make it more likely that lenders will look at you as being a bad credit risk. This typically results in a low credit score. Bankruptcy may be a step toward correcting this problem.
Most often we see the credit scores for our clients rise substantially after the bankruptcy is completed. The credit report we secure for all our clients estimates what your credit score will be a year after the bankruptcy is completed. Credit scores can climb as much as a hundred points after the successful completion of a bankruptcy. This, however, is not always the case.
Bankruptcy may be the most responsible step for you to take toward your financial recovery. Nobody wants to file bankruptcy. However, filing bankruptcy may be the most responsible financial step to take for yourself and your family. There is nothing shameful in filing bankruptcy. Throughout the bankruptcy process there is nobody trying to humiliate you. Bankruptcy is allowed by law because it's better for individuals, families and our society to allow for people to reset and secure a financial fresh start.
Bakersfield’s Economic Situation
Getting by in Bakersfield is a struggle for many people. The average income in Bakersfield is less than $24,000. If you search well enough you may find a one bedroom apartment for as low as $600 a month. However, $730 is the average cost of a one bedroom apartment in the city. You should expect to pay over $1,000 a month for a two bedroom apartment. That’s a great deal less than the average cost of a one bedroom apartment state wide but it still results in a struggle to survive if your debts are high and your income is low. The most affordable place to live in Bakersfield is in the Homaker Park neighborhood but it’s far from the ideal Area to raise a family. If your income is low and you debts are high bankruptcy may be the most responsible financial step for you to take. The credit scores for most of our clients increases substantially not long after their bankruptcy is completed.
A discussion of the financial problems for many people in Bakersfield cannot overlook the large homeless population. In Kern County, a recent count found that there are 1,330 people understood to be homeless.
If filing for bankruptcy is something you need to do then your delaying filing is likely to result in just greater financial losses. If you’re looking for help with debt relief then call us now to explore your options.