Client Testimonials
...many months ago I sought to clean up my credit and after searching and searching and doing quite a bit of research I came across Legacy Legal Services and made a phone call that changed my life, well actually my credit, but in effect my life in general. The person on...
Q & A - Questions and Answers
What about Bankruptcy as an answer to my problems?
Many bankruptcy attorneys do not adequately explain the effects of bankruptcy to their clients. Stated simply, bankruptcy is devastating to your credit for up to ten years. If you are considering bankruptcy, you should consult a local attorney who specializes in bankruptcy law. Here are some things to consider before you declare bankruptcy:
- When you file for bankruptcy, every credit account that you decide to include in the bankruptcy will become an "included in bankruptcy" account on your credit report.
- Additionally, a bankruptcy filing and bankruptcy discharge listing will appear in the court records section of your credit report.
- Because so many negative items are attached to the bankruptcy, it becomes very difficult to remove all trace of the bad credit.
- As mentioned, bankruptcies stay on your credit reports for ten years.
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