subject: Fresno Chapter 7 Bankruptcy - The Chance To Start From Scratch [print this page] For people who live in Fresno, it can really be a city of opportunity. All you have to do is look at the statistics, and you can see that Fresno, the fifth largest city in California, is a growing metropolitan area. It is the county seat of Fresno County and is the home to major centers of employment, such as Kaiser Permanente and Community Medical Centers. If you want to live in a community where there are many opportunities for education, you have a number of colleges and universities to choose from. For example, there are well established Fresno campuses for California State University and National University. When you are starting a new life, however, it's not uncommon to realize that you need to take some large steps in your financial life. This is why Fresno Chapter 7 bankruptcy may be a real option.
Before we talk any more about filing for Fresno Chapter 7 bankruptcy, we should first discuss the stigma attached to filing for bankruptcy. Many people have some misconceptions about bankruptcy. They think that bankruptcy leads to ruined credit and the inability to make large purchases, such as of a home or a car. Many people even think that bankruptcy will get in the way of your professional life. Another common misconception about bankruptcy is that it leads to the repossession of your essential assets, such as a house or car. This is not the case, and the reality is much better than it may seem.
As a matter of fact, most people who file for Fresno Chapter 7 bankruptcy find that they enjoy the feeling of great relief. They no longer have to worry about the rising interest rates and tacked on fees on their credit card bills. Likewise, they also no longer have to worry about the scary phone calls and threatening letters from collection agencies. Even more important is the fact that your credit will actually start from scratch, giving you the opportunity to build it back up, and you will even get to continue making payments on your house or car. In other words, bankruptcy will help you, not hurt you. As far as employment goes, the bankruptcy is nobody's business except your own.
If you are thinking of filing for Fresno Chapter 7 bankruptcy, you will need to make sure that you have a lawyer who can help you from step one. Many people try to do this alone and they end up making horrible mistakes. It's a complicated process that involves much paperwork. With the proper attorney, you can make only the right moves and come out on top.
