El Cajon Bankruptcy Attorney – East County San Diego Lawyer

As an El Cajon bankruptcy attorney, we have seen bankruptcy filings already increase by 20% in the first half of 2010. People file Chapter 7 or Chapter 13 for a variety of reasons. Individuals are staying unemployed longer, peoples’ homes are not retaining their values and small business owners fear a lack of customers which makes them hesitant to consider expansion. When people find themse;ves in dire financial straights, they naturally seek the advice of an El Cajon bankruptcy attorney.

We welcome you to see what are clients are saying about us.

But, one of the questions you have to consider: Is Chapter 7 or Chapter 13 debt relief the right fix for you? Really the only way to find out the answer is to consult with an experienced San Diego lawyer. Your consultation will free and you will have the peace of mind knowing that all your options have been considered. Sometimes, bankruptcy is not the best option for you. Why do I say that? Well, if you have nothing to loose, then if a creditor gets a judgment against you, you have nothing to pay it.

Further, California has a list of exemptions that you can use towards your property. In other words, we have a public policy that says we believe some of your property is vital to you and your family and will not be available in a collection action. In California, if you file what is know as a homestead exemption, a portion of your equity will not be available to creditors. So what does that mean?

If you don’t have anything to loose, maybe it’s a good idea just to wait. The downside of this is you will still receive letters and phone calls from your creditors. Some people really abhor the idea of these collection tactics while other people just ignore them. It’s up to you to understand your tolerance level.

Further, if your financial situation improves, which we hope it does, your newfound reserves will be subject to collection.

The bottom line is that ANY decision you make with regard to your financial future should be done after weighing your options. The first thing you MUST do is contact an experienced El Cajon bankruptcy attorney. Don’t leave your family’s financial destiny in the hands of anyone who cannot advise you about the law.

We at the Law Office of Harold D. Thompson are East County bankruptcy attorneys dedicated to helping you get out of financial distress. If your debts are piling up and you are looking for a “fresh start” call an El Cajon bankruptcy attorney that will fight for your rights and stop creditor harassment in San Diego. Bankruptcy fees start as low as $800.00. Don’t be fooled by big advertisers charging thousands of dollars. Call us TODAY at 1.888.590.1773 or visit one of our other websites at El Cajon Bankruptcy Attorney or Orange County Bankruptcy Lawyers or Riverside Bankruptcy Lawyers.