If you live in California, you may be one of the large numbers of people who have recently lost their job or taken a significant loss in pay. You may have even considered filing a Chapter 7 bankruptcy. The significance of a Chapter 7 bankruptcy on your credit though is extremely great. You may not realize it, but people who file a Chapter 7 bankruptcy will have a record of it on their file up to 10 years. This has a significantly large impact on how creditors view you. You might find like so many others though, that you have no other options.

read more