Bankruptcy Myths in Buffalo
Let a Buffalo Bankruptcy Lawyer Help You Make the Right Moves
Bankruptcy still carries a negative connotation for many people. They that
there will be permanent damage, both financially and personally. While
it is true that bankruptcy is not the right answer for all circumstances,
it can often be the best solution for challenging financial problems,
giving people a way to start over after incurring crippling debt.
If you and your family are struggling financially and feel like there is
no way out, consult with a knowledgeable
bankruptcy lawyer in Buffalo to explore your options. Christopher D. Smith &
Associates has been included in the list of
Super Lawyers®, so when you hire us, you can be sure you are getting quality, experienced,
personalized service. We will work diligently to develop a strategy that
achieves positive results for your case.
Common Myths about Bankruptcy - get the truth.
1. Bankruptcy will destroy my credit permanently.
Filing for bankruptcy is not a death sentence for your credit score. In
fact, most people who file have already seen what late payments, charge-offs
and judgments will do to a credit score. Filing for bankruptcy allows
you to discharge unsecured consumer debt, and will over time allow you
to rebuild your credit, as you no longer owe many of your debts. Bankruptcy
is meant to offer you protection and give you a chance to restore your
financial standing. After a period of time, you begin to see positive
changes, and you will get offers for credit prior to this in most cases.
Many of our clients receive new credit offers even before their case is
. If I file for bankruptcy, I will lose all I have.
We hear this concern often, but it is simply not true. Filing for bankruptcy
does not mean you will lose all your possessions and property. Typically
our clients keep their homes, vehicles, and other valuable assets. The
only property that can be sold to pay your debt is that which does not
fall into a New York exemption category, which is usually very little,
and in most cases our clients lose nothing other than debt. A skilled
bankruptcy attorney can review your unique situation and give you further
information about which exemptions apply to your case.
3. I do not need a lawyer to file for bankruptcy.
bankruptcy process is challenging and complex. Without the help of an experienced legal professional,
many people run into serious difficulties when attempting to file without
legal help. It is best to hand this complicated and time-consuming process
over to a qualified Buffalo bankruptcy lawyer who can take the burden
off your shoulders. Still not convinced? Read more about
why you should hire us before you make any decision.
Leave the Hard Work to Us: Buffalo Bankruptcy Attorney
Don't risk your financial future by hiring an inexperienced attorney
or trying to file bankruptcy on your own. Let us help you clearly understand
the process and determine
if bankruptcy is right for you. With our help, you can be sure all is done correctly to properly eliminate
your bad debt and protect your assets in the process.
Submit an online
case evaluation today to get started.