More About San Diego Bankruptcy Attorney
However, nothing in life is without consequences, and there are certain drawbacks associated with declaring bankruptcy that one should be aware of before entering the process. Declaring bankruptcy will not eliminate all of your debts, such as your recent back taxes or fines currently owed to any government agencies. Also, filing for bankruptcy will have a negative effect on your future credit score. This may make it more difficult to secure a loan for a car or for a home in upcoming years. Additionally, your bankruptcy filing will have to made public record by law, meaning anyone can request a copy of your filings and examine the details of your bankruptcy. Lastly, shady credit lenders have been known to target people who have recently declared bankruptcy, so you may be targeted if you do end up filing for bankruptcy.
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