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Bankruptcy Myths In LA County

Many people are confused about bankruptcy or have been given wrong information about how it works. At the Law Offices Of Hagen & Hagen, we have been helping Southern California families and individuals to understand the truth and pursue freedom from their debts since 1970.

Here are some common bankruptcy myths in LA County that we hear:

  • I will lose everything I have. This is not true. In the majority of bankruptcy cases, people can keep their homes, cars and personal belongings. To learn more about California's bankruptcy exemptions, repayment plans and other options that allow you to keep your property, contact our firm.
  • Someone's going to come through my home and take my possessions.  While a bankruptcy trustee has the right to come to your home, such visits are extremely rare.
  • I can never get credit again. This is not true. On the contrary, wiping out your credit card debt and other debts through bankruptcy can actually put you on the right track toward rebuilding your credit score. We can help you understand credit repair and when to pursue it.
  • I will have to go to court and face the judge. In the majority of cases, you will only have to appear once at a meeting of creditors, not at court. This meeting usually only lasts a minute or two and simply involves answering a handful of questions from the bankruptcy trustee. You will likely never see the judge.
  • Filing bankruptcy is complicated and confusing. This is only true if you are trying to do it on your own. At the Law Offices Of Hagen & Hagen, however, we make the process simple and convenient. You don't even have to come to our office.

Worried About Protecting Assets In The San Fernando Valley? Attorney Hagen Can Help

Arrange a free initial consultation with the Law Offices Of Hagen & Hagen by calling us at 818-305-6452 or by contacting our lawyer online.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.