Q: which one is a better option for applying for new job? Declaring bankruptcy or getting debts settled?
I have a total 40K debt. I have 10K car loan left which I have never missed a payment. But I am no longer able to pay my credit cards after losing my job which is 30K and they are all charged off. I am about to finish a course and try to land on software engineering job. But I do have concerns. The jobs I would be applying usually require a public trust security clearance. Declaring bankruptcy or getting my debts settled through a debt relief program? which one is a better solution to obtain a public trust security clearance and get less affected by my bad credit history
A: Consult a bankruptcy petitioner near you to discuss your options. Depending on the amount of equity you have in the property, you may need a Chapter 7 or 13.
A: Mr Dennison points out something important. What's best for you if you own real estate can be very tricky. You really need to talk to a lawyer right away in that case.
You can read some things I've written about Freedom Debt Relief, here. https://robertweed.com/2014/05/20/freedom-debt-relief-false-claims-radio/. And here. https://robertweed.com/2018/07/14/another-family-wastes-thousands-with-freedom-debt-relief/.
Talking about National Debt Relief, my best article is probably this one. https://www.woodbridgebankruptcylawyer.com/single-post/2017/11/12/Woodbridge-Couples-Credit-Destroyed-by-National-Debt-Relief
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.