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Bankruptcy Law

Tungsten Law Center has a dedicated and highly trained group of bankruptcy attorneys and staff who specialize in representing consumers and businesses experiencing financial hardship. We have represented businesses and consumers in financial distress and are experts in fighting creditor harassment and can guide you on how to protect your assets, discharge your debts, and rebuild your credit after bankruptcy under bankruptcy law. We support our clients with the legal and financial challenges they face.

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We Provide Personal Representation For All Bankruptcy Matters

Unlike many bankruptcy law firms, we don't just handle a large number of cases. In order to provide personalized attention to each customer, we are limiting the number of cases we can accept. Unlike many bankruptcy firms where clients only speak to paralegals, each client has the opportunity to speak personally with an attorney. We can help you with all your bankruptcy matters, including:


  • Chapter 7 Bankruptcy

  • Chapter 11 Bankruptcy

  • Chapter 13 Bankruptcy

  • Harassment of Creditors

  • Support for Bankruptcy Procedures

  • Defense Against Seizure

  • Advice on Preparing for Life After Bankruptcy

When choosing a bankruptcy attorney, it is important to note that not all attorneys have the knowledge and experience necessary to handle these cases. Tungsten Law Center is dedicated to representing consumers and businesses facing significant financial hardship.

What Are The Benefits Of Filing For Bankruptcy?

Filing for personal bankruptcy has several benefits and can be a viable solution for those with multiple debts. Filing for bankruptcy provides the following benefits:


  • Debt Relief: Bankruptcy can give you a fresh start by allowing you to pay off or restructure your debts and take back control of your finances. You can eliminate unsecured debts such as credit card bills and medical bills, instantly reducing the burden of these debts.

  • Automatic Stay: An automatic stay goes into effect immediately after filing for bankruptcy and stops all collection actions by creditors. This means no more harassing phone calls, wage garnishments, garnishment proceedings, or other forms of debt collection, giving you much-needed breathing time to consider your options.

  • Asset Protection: Depending on the chapter in which you filed for bankruptcy, an exemption may allow you to keep certain assets. Bankruptcy laws can protect important items such as your home, car, and personal belongings from being liquidated to pay off your creditors.

  • Debt Repayment Plan: Chapter 13 bankruptcy gives you the opportunity to develop a manageable repayment plan. Instead of liquidating your property, you can make affordable monthly payments over three to five years to catch up on missed mortgage payments or pay off other outstanding debts while retaining the property. I can.

  • Financial Literacy: If you have filed for bankruptcy, you will be required to complete courses in credit counseling and financial management. These educational programs can help you develop better financial habits, improve your budgeting skills, and provide you with the tools to make smarter financial decisions in the future.

What Are The Disadvantages Of Bankruptcy?

Although there are many positive aspects to personal bankruptcy, it is important to consider the negative aspects as well. Some of the typical disadvantages of filing for bankruptcy include:

  • Bad Impact On Your Credit: Bankruptcy filings stay on your credit report for several years, making it difficult to get new credit or loans in the future. This can help secure favorable interest rates and limit your access to certain financial options.

  • Loss Of Assets: Depending on the bankruptcy chapter you file for, you may need to liquidate certain assets to repay your creditors. While Chapter 7 bankruptcy includes the possibility of liquidating non-exempt assets, Chapter 13 requires a repayment plan that involves using disposable income to pay off debts over a period of time. This can result in the loss of property such as your home and valuables.

  • Public Record: Bankruptcy filings are public records, meaning they are available to everyone. This lack of privacy can be off-putting to some people who want to keep their finances private.

  • Limited Access To Credit: You may find it difficult to obtain new credit after you apply. Lenders may consider you a high-risk borrower and may offer you a loan with a higher interest rate or require collateral. Rebuilding your credit score takes time and responsible financial behavior.

  • Emotional And Psychological Impact: Dealing with financial hardship and bankruptcy proceedings can be emotionally difficult. This can lead to stress, frustration, and loss of confidence in managing personal finances. It may be helpful to seek emotional support or counseling during this time.


Please note that the disadvantages of filing for bankruptcy vary depending on each individual situation. Consulting with a knowledgeable bankruptcy attorney can help you understand the potential impact of bankruptcy on your situation. They can guide you through the process, consider alternative options, and help you make an informed decision about the best course of action for your financial future.


At Tungsten Law Center, we understand that considering bankruptcy is an important decision, and we are here to help. At our office, we offer free consultations where we can assess your financial situation, explain the pros and cons of filing for bankruptcy, and help you decide on the best option for your situation. Our dedicated team is committed to providing quality legal advice and representation to our clients.

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