Dispelling Myths Of Bankruptcy

Gourley & Griffin, P.A.

Statesville, North Carolina, Bankruptcy Lawyers

Chapter 7 ◦ Chapter 13

Dispelling Bankruptcy Myths ◦ Bankruptcy Laws

At the Statesville, North Carolina, bankruptcy law firm of Gourley & Griffin, P.A., dispelling bankruptcy myths is a large part of what we do. To discuss how bankruptcy laws may relate to your financial crisis, contact us.

Are you afraid you may lose everything you own if you file bankruptcy?

If so, let us explain how, if done correctly, bankruptcy may offer you the most promising way to keep everything.

Are you operating under the myth that if you file bankruptcy, creditors will pursue you anyway?

With our assistance, bankruptcy proceedings can stop all contactbetween you and your creditors who are discharged in the case.

Have you heard that there is a 7 to 10 year limit on buying and selling things once you file bankruptcy?

Learn how, other than a period of time of gradual improvement of credit after filing bankruptcy, there are no 7 to 10 year restrictions.

Have you heard on TV commercials that credit counseling works as an alternative to bankruptcy?

In fact, both the North Carolina Attorney General and the IRS advise that credit counseling severely harms your credit; is not guaranteed to work; and is an industry that is funded primarily by the credit card industry.

Are you afraid you may never rebuild credit or get a mortgage after filing bankruptcy?

If done correctly, you should be able to reestablish immediately and have a good credit score long before the bankruptcy comes off your credit. And if you have not had a foreclosure, you will find mortgage companies that are willing to issue loans to you within one to two years of your filing bankruptcy (or sooner). Even with a foreclosure, a loan may be available in as little as two to three years.

We will dispel these and other myths more in detail during your initial free consultation. Contact us by phone or email to schedule your first face-to-face free consultation.

We are a debt relief agency proudly providing options to people with financial problems for over 15 years. In a large number of cases, we assist people with filing bankruptcy.