Why File for Bankruptcy?

Solid Information and Legal Guidance on California Bankruptcy

The decision to file bankruptcy is a big one, and for many people it is not at all clear-cut. As experienced lawyers who have helped thousands of people evaluate their legal options, we are well prepared to help you decide how to proceed.

A range of setbacks may have left you with an overwhelming debt load or a very unfavorable debt-to-income ratio. If you are losing ground or unable to make progress, you owe it to yourself to explore all legal, ethical means of relief. For many people, the decision to file Chapter 7 or Chapter 13 Bankruptcy turns out to be a positive move that restores stability and hope for the future.

Stopping Collections — Eliminating or Restructuring Debt — Real, Legal Relief

Some of the reasons you may consider bankruptcy include:

• The need to end creditor/collector harassment and avoid legal action against you that may lead to garnishment of your wages
• Desire to take advantage of your legal right to eliminate all or some debts and get a fresh start
• Pressure from a second mortgage no longer supported by your home's value, priority debts such as taxes or family support, or other unique circumstances

There are many factors to consider — and you may also find yourself evaluating offers from "debt consolidation" companies and others who claim they can help save you from bankruptcy. These services often sound too good to be true and, unfortunately, there are many pitfalls.

Get the Information You Need to Make a Confident Decision

Talking to a qualified, experienced attorney about your debt problems is a very important step — regardless of whether you ultimately file for bankruptcy.

In some cases, we can help clients qualify for Chapter 7 Bankruptcy when they did not believe they could, for example. If you need to understand the potential impact of bankruptcy on your divorce, we can provide that analysis. If the timing is not right for you to file for bankruptcy with sufficient asset protection, that is what we will tell you.

Whether your dominant concern right now is ending collection calls or exploring options for saving your home from foreclosure, we can help. The San Diego area attorneys of Godkin & Associates are proven problem-solvers, prepared to talk with you in English or in Spanish. To arrange a no-risk consultation, contact us today.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.