ARAG Legal Insurance - Badge
Avvo Rating - Badge
Lawyers.com - Badge
Google Rating - Badge
Better Business Bureau - Badge

Delinquent Debt is Common, but Bankruptcy Can Help

Liviakis Law Firm Team

It might surprise you to hear that 77 million Americans who have a credit file have current delinquent debt. That means that 35% of us have an unpaid bill that is at least 30 days late and has been sent to a collection agency.

Not the Whole Story

These numbers might not even tell the whole story because they don’t include people who don’t have credit files, people who are behind in mortgage debt, and those who are in debt to family and friends. Debt is and will continue to be a reality for many US residents, but for those who want to find relief, bankruptcy offers a solution.

A Fresh Start

Bankruptcy is a way to recover from financial setbacks, and filing for bankruptcy can be an opportunity to restore your credit and your peace of mind. Life after bankruptcy provides a chance for you to act and plan how to best use bankruptcy as a fresh start and an opportunity to move forward to eliminate or restructure credit card debt.

If you’re wondering what you’ll need to do to get through the bankruptcy process successfully, we recommend the following four things.

Have a Positive Attitude

Be positive while recovering from bankruptcy. Remember that filing for bankruptcy is a chance to consolidate debt and get the help and support you need. Stay motivated!

Seek Help

It takes experts in the field to guide you through bankruptcy. Find an advocate who can explain your options and who knows the law.

Make a Plan

After bankruptcy, you have a chance to take full responsibility for your money, bills, and credit. When you pay all of your bills on time, are very careful with your credit and spend wisely, your credit score improves.

Keep Up the Good Work

Depending upon the chapter you filed, all records of debt included in the bankruptcy should be removed after 7-10 years. It’s worth the effort required to clear your credit after bankruptcy.
Bankruptcy offers a fresh start and can help you rebuild your future! Stay positive, seek help, make a plan, and keep working towards your goal. You will find success!

Our Office

Former Office
1215 K St

Sacramento, CA 95814

Phone: 916 459 2364
New Office
2377 Gold Meadow Way
#100

Gold River, CA 95670

Phone: 916 459 2364

Client Reviews

Mr. Liviakis is extremely knowledgeable and answered all of the questions that we had about our situation. He made a really difficult time manageable with his help and expertise. I would definitely recommend...

Lindsey Joyner

Mik is a great attorney. Very friendly & professional. Price is was bit high compared to other firms. Probably the highest I've seen. If price your thing, checkout other firms. Other than that, Mik will get the...

Oi Vinn

Mik helped us save our home and settle with creditors during the pandemic after we were forced to close our family business for over a year. I am forever grateful. He was kind and professional and followed up...

Jina and Steven Hale

Mr. Liviakis was timely and professional. He patiently answered questions and explained the process. He provided handouts that clearly outlined due dates. The firm's paralegal was very easy to work with. I...

Wes Pohl

I nothing but great Experiences, and great service.

Tony Boone

Positive: Professionalism, Quality, Responsiveness, Value

Linda Todd

Contact Us

Fill out the contact form or call us at (916) 459-2364 to schedule your free consultation.
  • Language.png Free Consultation
  • Phone.png Phone Appointments Available
  • Gavel.png Talk to Award Winning Attorney Today

Leave Us a Message