Law Offices of Julia P. Gibbs
1329 Howe Avenue, Suite 205
Sacramento, CA 95825-3363
Telephone (916) 646-2800
Fax (916) 929-1158
Legal Debt Relief
Current economic conditions are presenting extreme challenges. Media advertising directed to debtors can be misleading in claiming that credit ratings can be better protected outside of bankruptcy. Do not be deceived. If all original amounts borrowed are not repaid, there will be a negative effect on a debtor's credit rating whether or not bankruptcy is filed.
Debts discharged in bankruptcy are removed with the power of the federal courts to protect against further actions by creditors. Only through bankruptcy can protection be provided against income tax liability created by forgiven debt amounts. Learn the protections provided only by bankruptcy law before deciding on a debt relief strategy.
Our office is well qualified to assist clients to learn the means available to them under the law to deal with credit problems. Potential clients should understand that debt relief is a significant step that is not to be considered lightly. However, bankruptcy is a constitutional right that can offer a fresh start and a legal setting for fair agreements to restructure debt. We promise to aggressively seek all relief that is legally due to any debtor that seeks our counsel.