Consequences of filing for Bankruptcy The best consequences are that your unsecured debts are discharged, and all those harassing creditor calls stop and the lawsuits and garnishments go away. The worst consequences are that your credit report shows a Chapter 7 bankruptcy for 10 years or a Chapter 13 Bankruptcy for 7 years. Credit will be harder to get. However you could get a house after as little as 2 years. You will likely get credit card offers right away. You may have to pay a higher interest rate until your credit scores improve.

If you have fallen behind on your bills and are being harassed by creditors contact a Sacramento bankruptcy attorney Tom Conlon at (916) 971-8880 to see if you qualify to file bankruptcy and get a new fresh start.