ANSWERS TO FREQUENTLY ASKED QUESTIONS

ABOUT BANKRUPTCY

Question:  If I file Bankruptcy, I won't be able to get credit for 7 years?

Answer:  You will be eligible to apply for credit immediately after the Bankruptcy is completed.  Each creditor will evaluate you based on your income, length of time you have spent on your job and other factors.  You ability to get credit varies with each individuals.

Question:  If I file Bankruptcy, will I lose all of my property?

Answer:  Most people don't lose anything unless they don't want to keep it.

Question:  Can I file a Bankruptcy if I have a co-signer?

Answer:  Co-signers can be completely protected under a 100 percent Chapter 13 plan.  Even if you file Chapter 7, you can arrange for protection for your co-signer. 

Question:  Is it better to go to a "Bill Consolidation" company that file Bankruptcy?

Answer:  Bill Consolidations are like putting a band-aid on a broken leg.  While you think that the problem has been solved, your creditors may continue proceedings against you.  Bill Consolidation companies have no legal right to stop creditors.  Remember, they are not attorneys.

Question:  Is it too late for Bankruptcy if a creditor is already garnishing my check?

Answer:  Bankruptcy immediately stops wage garnishments, repossessions, foreclosures, Sheriff Sales, harassment, or any other actions by creditors. 

Question:  Aren't attorneys all alike?

Answer:  Attorneys are not all alike.  Some have much more experience in an area of law such a Bankruptcy, and some may have the benefit of thousands of cases and years of experience.  We are very proud of the work we do for our clients.