Good question. Bankruptcy eliminates your personal liability. When you surrender real estate, there is absolutely no reason for any bills or balance being reported on your credit report! Stay tuned, more on this blog to be published soon.
Written by Michael G. Doan– Mr. Doan practices on the cutting edge of bankruptcy law, and was the first attorney in the entire Southern District of California to file the very first Chapter 7 Bankruptcy and very first Chapter 13 Bankruptcy under the new Bankruptcy Laws which went into effect on October 17, 2005.
Quality Oceanside Bankruptcy Lawyers can be hard to find these days, but over at Doan Law Firm we take pride in the quality of our work and our clients are our number one priority.