People do not normally associate positive things with a Chapter 7 or Chapter 13 Bankruptcy. When they think of talking to an experienced Denver Bankruptcy lawyer, they think it’s because they have failed financially and are not able to provide for themselves. They think a bankruptcy will leave a blight on their credit report for years to come and keep them from making new purchases or taking care of their families in Aurora, Lakewood, and Fort Collins.
The recovery time after filing a Chapter 7 or Chapter 13 Bankruptcy is surprisingly fast if coached by an experienced bankruptcy attorney. A good credit score is between 600 to 700, and this has been achieved by many people just a few years after they have declared bankruptcy. It is not uncommon for people to be approved for an FHA home loan shortly after as well. These should not be legitimate concerns of a Chapter 7 or Chapter 13 Bankruptcy.
This information may seem surprising to many people. Rebounding after a fresh start which a bankruptcy provides gives you the best leg up possible. Instead of slogging through debt, cutting out comforts and non-necessities, and stressing about money which takes a toll on relationships, consider filing a Chapter 7 or Chapter 13 Bankruptcy. With correct legal counsel, you may be able to achieve financial freedom in just a few short years.
You credit situation will just as likely be in the same position if you don’t file for bankruptcy as opposed to moving forward with one. With added debt and continued missed payments, the amount of money you owe will increase with no end in sight. However, a bankruptcy promises hope.
Filing for bankruptcy should not be considered as a last resort. It has helped many people make positive financial strides and move forward in this tough economy. If you are tired of barely being able to make ends meet and the constant threat of creditors hassling you, contact experienced bankruptcy attorney Barry Arrington at 303-205-7870 for your best, fresh start possible.