Ventura Bankruptcy Attorney: Bankruptcy Myths

Bankruptcy Attorney Serving Santa Barbara, Woodland Hills, Oxnard, Camarillo, Ojai, Thousand Oaks, Simi Valley and Santa Paula

When people are facing job loss or divorce, skyrocketing insurance rates, a tumultuous housing market and insane credit card interest, it can be very difficult to pay bills on time; and getting behind in payments very often makes it impossible to recover. Along with letters and calls from creditors, there may be escalating feelings of panic, frustration and shame that affect every aspect of a person’s life. Do you find yourself in this situation? Have you considered bankruptcy and are either eager or hesitant to proceed because of everything you have heard? To base your decision on reality rather than misconception, we urge you to contact a Ventura bankruptcy lawyer at Bryan Diaz Law, P.C. immediately. We know the truth about bankruptcy filings and will gladly answer your questions and help you decide the best route to take towards a debt free future.

Myths About Bankruptcy

Bankruptcy is not right for everyone and in some cases there are bankruptcy alternatives that provide a good solution to overwhelming debt. In order to make an informed decision about the best way to proceed in your case, it is important to separate the inaccuracies from the truth. Some common myths about bankruptcy include:

  • All debts can be discharged in a Chapter 7 filing
  • Full repayment is required in a Chapter 13 plan
  • Employment prohibits filing
  • All tax debt and medical bills are non-dischargeable
  • Future ability to get credit is impossible
  • Credit cards can be maxed out intentionally prior to filing
  • Married couples are mandated to file together
  • Bankruptcy can only be used once to alleviate debt problems

Our firm is very well versed in federal and California state bankruptcy laws and over the past decade has helped countless people in our communities take charge of their money and their lives. Let us evaluate your case, tell you the truth about the benefits and consequences of bankruptcy and do everything possible to protect your constitutional rights as you seek relief from your overwhelming debt.

For confidential, caring and straightforward representation you can count on, contact a Ventura bankruptcy attorney at Bryan Diaz Law, P.C. today.