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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Credit Concerns About Filing For Bankruptcy

Credit Concerns About Filing For BankruptcyPeople with large debt burdens are often swamped with many emotions, including fear. For most  people, the fear of filing for bankruptcy comes from some common myths about bankruptcy and a lack of understanding of the bankruptcy process as a whole. Aside from worrying about asset protection in bankruptcy, many people also have credit concerns about filing for bankruptcy.

Credit Concerns About Filing For Bankruptcy

When you file for bankruptcy, your case will be reported to all three credit bureaus, meaning, your bankruptcy filing will be reported on your credit history. It can remain there for up to 7 years with a Chapter 13 bankruptcy and up to 10 years with a Chapter 7 bankruptcy. However, this doesn’t mean that a bankruptcy filing will result in permanent damage to your score. In fact, the opposite can be true for most of my clients. Depending on your pre-filing credit score, which is usually pretty impacted for most of my clients, people are usually very surprised at how quickly their credit score recovers after the bankruptcy filing.

How can this be? Simple: removing large debt burdens and lowering the debt-to-income ratio actually improves a credit score. If you have been struggling with high debt burdens for a while, have missed payments by 30 days or more, or have collection actions against you; chances are filing for bankruptcy could actually improve you score very quickly.

Of course there is a flip side for those who maybe had a higher than average credit score prior to filing. Some people could experience a drop in their credit score after a filing while debts are resolved and the case is discharged.

Regardless of which side of the pre-filing credit rating you are on filing for bankruptcy can still offer a cleaner slate to rebuild a stronger credit history. In fact, your Sacramento bankruptcy lawyer can even help you formulate a plan to work your score back into a bright and healthy financial future.

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