Learn About Your Options After Bankruptcy From a Woodland Hills Bankruptcy Lawyer
One reason people are reluctant to file bankruptcy is they have misconceptions about life after bankruptcy. They believe that they will never again have a credit card, buy a house or get a loan. At my Woodland Hills, California, law firm, Leventhal Law Group, P.C., I counsel clients about life after bankruptcy. I answer their questions and help them explore their options.
Common Questions About Life After Bankruptcy
In addition to guiding clients through the bankruptcy process, I address concerns about life after bankruptcy. Common questions include:
Will I be able to get a job?
In theory, employers are prohibited from denying jobs to applicants who filed bankruptcy. However, most employers, public and private, will ask for your permission to do a background check that can include information about your credit score and whether or not you have filed bankruptcy. To obtain a government job, you may be asked some awkward questions about your bankruptcy. However, a public employer cannot refuse to hire you simply because of your bankruptcy. In a few instances, a private employer may be able to do so. I can advise you about California law and practice regarding employment after bankruptcy.
In some instances, it is better to have a bankruptcy on your record than a low credit score, because once you have successfully filed bankruptcy, you are less likely to become involved in embezzlement, theft or fraud.
Will I ever be able to get credit?
You may be surprised at how easy it is to obtain credit after bankruptcy. There are many steps you can take to rebuild your credit, beginning the day your debts are discharged or your repayment plan is approved.
Will I ever be able to buy a house?
Many people are able to purchase a house and obtain a mortgage two or three years after filing bankruptcy, often on the same terms that apply to people with perfect credit records. Lenders are usually more interested in your current financial situation, such as your debt to income ratio, rather than your past financial difficulties.
Contact a Woodland Hills, California, Bankruptcy Lawyer for More Information
Call 888-324-9623 toll free to schedule a free initial consultation about life after bankruptcy. You will always speak with me, not a paralegal.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
