Whatever the reason, filing for bankruptcy will have consequences. Unfortunately, your credit score will take a pretty big hit – you will have a negative rating for the next several years. However, if your income is healthy enough, you may still be able to secure a mortgage loan.
If you live in a “community property” state, your spouse will also share your debt, and the ramifications of bankruptcy, so that his/her credit will be adversely affected. Ask your Douglas County bankruptcy attorney about local laws.
The good news is that you won’t have to worry about your job security. Your boss may never know about your financial situation, unless you choose to share the information, and even if he does, you will be protected by employer discrimination laws.
No doubt you will have many questions for your Douglas County bankruptcy attorney. When to file, how to file, what needs to be done, and when? He will be able to warn you about common mistakes, and give you tips on how to survive bankruptcy. Call Parker lawyers @ 303-841-9525.