Carlsbad Bankruptcy Lawyer

Filing for Bankruptcy in Carlsbad, CA

If you are struggling with debt, you are not alone! California consistently ranks as the leading state in a number of declared bankruptcies. Given that most debt crises occur not by uncontrolled spending, but as a result of an unexpected financial burden, the statistics are not surprising in today's economy.

At the Carson Law Group, we have dedicated our practice to providing the supportive counsel and effective representation our clients need when confronting an overwhelming legal difficulty. Our Carlsbad bankruptcy lawyer has helped hundreds of individuals tackle their burden of debt and regain their financial stability.

The bankruptcy codes were created to provide a legal means for consumers to address their outstanding debt and protect their rights in the process.

Petitioning for legal debt relief can alleviate much of the stress associated with devastating debt so you can begin rebuilding your financial stability.

Due to the unique nature of your situation, deciding if you should declare bankruptcy and what type of bankruptcy would work for you is best done with the assistance of insightful legal counsel. Attorney Janet L. Carson can assess your circumstances and help you determine which would be the most favorable course of action for you and your financial future.

What Debts Does Bankruptcy Clear?

Many people want to know what debts can be eliminated by filing for bankruptcy, whether they're dealing with:

• Tax debt
• Medical bills
• Or student loans

The types of debt that are dischargeable is highly dependent on the type of bankruptcy filed, and even non-dischargeable debts can be restructured in some circumstances.

In the vast majority of cases, debts such as student loans and child support are not dischargeable in bankruptcy. Each case has its own unique circumstances, however, which is why it is important to consult with a bankruptcy lawyer on your options.

Credit Consolidation vs. Bankruptcy

The television jingles guaranteeing debt relief through consolidation are full of hollow promises. In reality, credit consolidation may actually increase your debt obligation and make it harder to rebuild your good credit.

There is no law mandating any of your creditors to accept consolidation. Additionally, if they do "forgive" your debt, the amount you owed can now be considered as income and subject you to an unexpected tax bill.

Bankruptcy, on the other hand, is governed by federal and state law. Once granted, your creditors have to adhere to the terms stipulated by the courts.

Request a Free Consultation with Our Bankruptcy Attorneys Today

At the Carson Law Group, we recognize excessive debt can have a significant impact on your day-to-day life and cause you to be apprehensive about your future.

If you still have questions regarding bankruptcy in Carlsbad, visit our bankruptcy FAQ page for relevant answers to common concerns. Our compassionate Carlsbad bankruptcy lawyer would welcome the opportunity to meet with you and detail how we may assist your start on the road to a financial fresh start.