• 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.

Will Bankruptcy Ruin My Credit?

An excerpt from Bankruptcy: A New Beginning by Seth Hanson

Most people who file bankruptcy experience a drop in credit score of up to 200 points. However, most people who are coming to see me about bankruptcy already have severely impacted credit. Most people are surprised to learn that filing bankruptcy is probably the quickest way to improve their credit. In fact, after filing bankruptcy most clients experience a relatively rapid climb in credit score. By about 2 to 3 years after filing bankruptcy, the bankruptcy usually no longer impacts people’s credit score, even though the bankruptcy will continue to show up on their credit report for 7 years (Chapter 13) or 10 years (Chapter 7).

Many mortgage brokers I speak to have said that once two years have passed since a person filed a Chapter 7 bankruptcy the bankruptcy no longer stands as an obstacle to their obtaining an FHA mortgage. Of course, the loan underwriters will still look at debt to income ratio, credit score, an appraisal, and every other regular aspect of their underwriting approval process.

For more information contact your Stockton bankruptcy attorney.

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