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Car Loan After Bankruptcy – How to Get a Car Loan and Rebuild Your Credit After Chapter 7 Bankruptcy

July 25, 2010 By Bankruptcy Leave a Comment

By Sarah Anne Miller

You just completed filing for your bankruptcy; it’s been discharged and now you have a problem. Your car just died and you are in need of a car loan after bankruptcy. This can seem challenging especially after all the stress and confusion of filing for chapter 7. You may be afraid to go to a car dealership because you’re afraid of being denied and laughed off the car lot. Luckily, I have good news for you folks.

Obtaining auto financing for a car loan after bankruptcy is a lot easier now that your bankruptcy has been discharged. Many individuals use automobile loans to begin rebuilding their credit and you can too. By searching for an auto loan online you can receive multiple offers from multiple lenders all within 60 seconds or less.

If you have had any bankruptcy that has been discharged within one year, most lenders and car dealerships are not going to be welcoming you with open arms. They know your bankruptcy will remain on your credit history for 7 years; so chances are the dealers financing company will not want to deal with you. The good news is, there are many lenders willing to overlook this problem and give you a chance to start over again. If you can afford to make consistent monthly payments it is possible to be approved for a car loan after bankruptcy. Quite a few individuals are rebuilding their credit the smart way. Having proved themselves by keeping their car loan payments up to date has improved their credit history significantly.

There are legitimate lenders on the Internet that will offer you a number of auto loans to compare once your bankruptcy has been discharged or dismissed. Don’t expect to pay a 3% interest rate, but you will find multiple offers with various rates that you’ll be able to compare and you will have options to choose that will fit your individual budget. From the comfort of your own home, you can find the best car loan after bankruptcy and begin to rebuild your financial history. Reasonable financing with reasonable terms is only a mouse click away.

Keep in mind the fear of walking into a dealership and getting denied is a thing of the past. Walking into the dealer with a pre-approved auto loan in your pocket will make you a VIP customer in their eyes. The lenders are aware that many folks use this method to rebuild their credit and the dealerships are more than willing to be a part of your financial rebuilding plan. Just make your choice and drive away with your new car or truck. Your new ride can be parked in your driveway by the end of the day.

How to get an auto loan in less than 60 seconds, even with poor credit:
Believe it or not, you can get a fast auto loan quote NO MATTER how bad your credits is. Simply CLICK HERE and fill out the form. It’s fast, completely free and there is no obligation.

No need to wish you luck, it’s fast and easy! For more information, visit http://www.instantautoloanstoday.info.

Article Source: http://EzineArticles.com/?expert=Sarah_Anne_Miller

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Why File Chapter 7 Bankruptcy?

July 20, 2010 By Bankruptcy Leave a Comment

By Jacob Malewitz -

Chapter 7 bankruptcy is so common because it’s so effective. Many ignore their opportunity to be free of debt, creditor harassment, and the nagging feel we all get when behind on bills. There are both advantages and disadvantages in filing Chapter 7. This guide points out both, while also explaining how the process works.

Advantages

Chapter 7 bankruptcy is about getting the fresh start you deserve. Many look down on bankruptcy. Look at it this way: it’s your chance to take real help from the government, who you’ve likely been paying taxes to.

The biggest benefit is monetary, of course. You can discharge almost all major debts, including credit card, medical, and mortgage. For example, you might have $10,000 in credit card debt, $25,000 in medical because you have no coverage, and you just lost your job. In such terrible moments, you have no options, right? No, because you can file and discharge all this debt and be able to use money from your next job to pay other more necessary bills.

Any personal bankruptcy also begins what’s called an “automatic stay,” which means creditors must stop collections against you, usually for several months. You may lose your home, simply because you can’t afford the bill. You can, however, discharge the debt. And you get to stay in the home for quite often several months free until you can find a new place.

Creditor harassment is another nagging concern those in debt have. First off, if creditors are threatening you or calling all hours of the night, you have a right to sue. So be sure you are not dealing with some inappropriate harassment; consider it a crime against you. But, creditors have no reason to contact you if you file bankruptcy. They will stop calling in most cases, if not you can refer them to your lawyer.

Disadvantages

It was mentioned you might lose your home. You can discharge a mortgage debt, but you’ll lose the home. You can discharge a car debt, but you will lose the car. In these cases, you can go outside the bankruptcy to pay on them if you have money coming in. if you have a valuable home and car, Chapter 13 bankruptcy may be better. Contact a lawyer.

You cannot discharge tax, child support, and alimony debt if you file. In these cases, again Chapter 13 may be a better option, but you still have to pay something.

How much does it cost?

Chapter 7 bankruptcy costs $299 to file. You also need an experienced bankruptcy lawyer to handle your case. It’s too important not to hire one.

Why not Chapter 13?

Chapter 13 bankruptcy has advantages and disadvantages too. In most cases, Chapter 7 has more benefits, such as if you have no income coming in or if you have a lot of credit and medical debt. On the other hand, if you have a job and therefore some money coming in, and you want to keep valuable assets like your home and car, Chapter 13 is smart. Why? It can often stop a foreclosure and a car repossession. You have to pay some or all the debt, but over a period of 3-5 years.

Who can help?

You need an experienced bankruptcy lawyer to help. It will cost some money, but it’s more than worth it. When you think about it, consider how much money you will save or how many assets you will keep if you file. The value of a lawyer has just gone up, hasn’t it?

Jacob Malewitz is a professional writer specializing in informing readers on law topics for many top sites and blogs. For Chapter 7 and 13 bankruptcy help in New York, Nevada, and California, he recommends http://www.PriceLawGroup.com.

Article Source: http://EzineArticles.com/?expert=Jacob_Malewitz
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Filed Under: Avoiding Bankruptcy, How to File Tagged With: , , , ,

How to Work With a Chapter 7 Bankruptcy Lawyer

July 18, 2010 By Bankruptcy Leave a Comment

By Jacob Malewitz -

Why file Chapter 7? Why not file Chapter 13? There are benefits for each, especially if you’re in trouble financially. Perhaps the most important decision you make will not be between forms of bankruptcy, but who you choose to help you. This guide shows you how to hire and work with a Georgia Chapter 7 bankruptcy lawyer.

Who can help?

You need a lawyer. While some get a bad reputation for gouging clients, there are many respected, reputable, and honest lawyers who can help you.

Why hire a lawyer?

A Georgia bankruptcy lawyer is essential in filing for either Chapter 7 or Chapter 13. Consider how much time and money you’ll save by filing Chapter 7, subtract that from the price of filing and lawyer fees, and you’ll see how good a deal this is. A lawyer can work with you to discharge the most debt, protect your assets, advise you on any problems you might have, and stop creditor harassment.

How much will it all cost?

Typically Georgia bankruptcy lawyers charge a flat rate for the estimated time, especially in Chapter 7. This process is relatively fast. You might pay $1,000 to $2,000 for an experienced lawyer. It may sound like something you can save money on – by hiring a cheaper lawyer – but in order to have success, you need talent, experience, and time from your lawyer.

Why file Chapter 7 in Georgia?

Chapter 7 has many advantages, especially in the state of Georgia where the economy is only starting to get back on track after thousands of job losses, foreclosures, credit card debt rates, and medical debt. If you have little to no income coming in, and thousands if not tens of thousands in debt, you can discharge this debt fairly simply. The main reasons to file Chapter 7 are credit, medical, and mortgage debts.

Why not Chapter 13?

For Georgia home owners, working with a bankruptcy lawyer may instead be filing for Chapter 13. Chapter 13 is also beneficial, and your lawyer may advise it. In some cases where you make too much money, you have to file this way. In others, you can save your home from foreclosure.

Closing Thoughts

A professional Georgia bankruptcy lawyer helps you before, during, and after a bankruptcy. You can save a lot of time and money by hiring an experienced one from the start. Be clear on your needs, consult with more than one lawyer before hiring, and find one who fits your budget.

Jacob Malewitz recommends http://www.GeorgiaDebtLaw.com for Georgia residents interested in filing successfully filing Chapter 7 and Chapter 13 bankruptcy.

Article Source: http://EzineArticles.com/?expert=Jacob_Malewitz
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Filed Under: Bankruptcy Attorney, How to File

How to Choose a Bankruptcy Lawyer

July 16, 2010 By Bankruptcy Leave a Comment
By Arijit Roul-

You might be unable to meet your obligations

There comes a time when you have to call in the services of a bankruptcy lawyer or attorney. You will have tried everything in the book including payment arrangements and debt relief. You will have had numerous telephone calls with your bank manager and you would have negotiated with all sorts of financial advisers. However the end, when it comes, is brutal in its honesty. You will realize that you have no choice but to file a bankruptcy.

For some people this is the ultimate symbol of financial failure. You may feel that you have let down your friends and family. You may also feel that you have ruined your life. I personally would not advise people to worry too much about a bankruptcy. What is done is done. You just have to look ahead and try to resolve you problems.

Getting through the process

The majority of mistakes that you will make during the early phases of your bankruptcy will be primarily due to a lack of knowledge. That is when you will need the services of the bankruptcy lawyer or attorney who will be able to give you accurate information about the bankruptcy process and how it affects you. Not everything that you hear on television or from friends will make sense when viewed in light of your particular circumstances. That is why you need someone neutral to look after you and help you overcome the panic that is inevitable.

If I was in a situation whereby I had no alternative but to go bankrupt, I would be looking to identify the causes of my problems. Once I know the causes, then I can start to consider the solutions. Sometimes it is something that is beyond your control as what usually happens in the United States of America. In those instances it could be that someone is going bankrupt because they have fallen ill. The choice is between life and financial stability. The bankruptcy lawyer or attorney may still be able to help you here by pointing you to the best places to get relief or other assistance from the government.

When you choose to go bankrupt you may be required to appear before a judge who will hear your case and decide whether you deserve to be under the bankruptcy scheme. Some people are rejected outright for whatever reason but you may be among those that are accepted. You need to follow the rules carefully so that you do not foul again at the last hurdle. If you feel that you are unable to follow the rules that have been imposed on you, then you need to inform your bankruptcy lawyer or attorney. They will decide what the next step is.

I know of many people who have been through bankruptcy but are now leading normal lives. They have no major issues apart from the unhappy memories.

If you work together with your Austin bankruptcy lawyer or attorney, you will have a very good chance of getting some good out of a bad situation.

Author: Arijit Roul, Freelance Writer

Article Source: http://EzineArticles.com/?expert=Arijit_Roul

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Tips For Filing Bankruptcy

February 22, 2010 By Bankruptcy Leave a Comment
By Dennis SeeleyThe financial sector has boiled to the point where banks are not lending and credit is not easily obtained for people with excellent credit or bad credit. The alignment of these events have now forced people to take stock of their financial affairs and look into filing bankruptcy to either remove unsecured debt or to try to remove their responsibly to their mortgage companies for homes where they owe more than the home is worth. Home values which may take decades for owners to see the value return on the home if it ever does. It is no surprise that bankruptcy forums are rampant with questions and inquiries are being made about chapter 13 bankruptcies and Chapter 7 bankruptcy and what people need to do to remove the debt they have accumulated over the years.

It should also come as no surprise that bankruptcy filings have continued to increase in 2008 and 2009 since the current recession was publically recognized by the U.S. government and banks started receiving bailouts. The amount of foreclosures and increased unemployment rates has almost forced people to truthfully look at their current financial status. People who practiced risky behavior trying to leverage investments on credit that was easily obtained are now being affected in ways that has not been seen in 25 years by means of banks calling loans and credit card companies increasing low interest rates to double digit rates on lines of credit. The financial sector has not experienced this type of anxiety since the great depression. In preparing for bankruptcy consumers should consider several things before jumping into filing for bankruptcy. Consideration needs to be given on several levels. Preparing for bankruptcy is also called bankruptcy planning and contrary to popular belief it is not illegal to prepare for bankruptcy it the responsible thing to do.

To begin to plan you need to immediately identify three things. You need to take into account your assets, debts and you current household income. There are exemptions for retirement funds so this can be exempted through federal and state courts. However, if you withdraw a large amount from your retirement account this will affect your ability to file. In addition, if you have a home with a lot of equity you will either be forced to sell the home or you will have to file chapter 13 which puts you into a payment plan for 3-5 years based on a percent of the debt. In essences, you can pay back all of the debt in a chapter 13 or you can pay a percentage back. The debts versus assets play a major role in deciding which chapter you qualified to file. The best chapter is to file Chapter 7 and eliminate almost off of your debts while keeping your property.

The house household salary also plays one of the major roles in deciding what type of case you will be. The definition of a case means asset or no-asset. This means you do you have enough assets to liquidate and pay your creditors (chapter 7). Hopefully, in this case you don’t have sufficient assets and your household salary is not above the median for your state. When planning bankruptcy you want to file during prior to 6 months of making any large purchases or receiving any large bonuses or large sums of money. Any of these can affect your case and force you into repayment.

While planning you will want to print all credit card statements for two years in case you are audited, make no large purchases, have a copy of two years of tax records prior to filing, copy of drivers license, tax ID card and have not received large bonuses in the past 6 months and be below the median income for your state. You should have at least three attorney consults and be wary of attorneys pushing you to file chapter 13. You definitely want to remove your debt in a chapter 7 bankruptcy Your attorney may also tell you not to worry about credit card statements. This will most likely be true. However, if you are randomly audited by the US Trustee rather than the local trustee you will need to provide these statements to him or her. It is better to not need these documents then to need them. You will have very little luck on receiving any help obtaining documents from the creditors you filed on and all your online accounts will have been disabled as soon as you file.

In conclusion, visit bankruptcy forums before filing, open a new checking account and do not leave money in any accounts that you are filing bankruptcy on because they will automatically and legally take any money you have in your account by means cross collateralization from an agreement you most likely signed when you obtained credit.

Dennis provides a site about Michigan Bankruptcy for residents of Michigan to help educate people about bankruptcy planning while reducing stress.

Article Source: http://EzineArticles.com/?expert=Dennis_Seeley

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How Does the Bankruptcy Filing Process Work?

February 20, 2010 By Bankruptcy Leave a Comment
By Dustin BowerIt is recommended that you consult with a Board-certified Bankruptcy Attorney that can guide you through the Bankruptcy process. It is important to note that every situation is different and the process varies for each individual. The following are basic steps when filing for Bankruptcy.

Step 1: Make an appointment to consult with a Board-certified Bankruptcy Attorney to discuss all your options.

Step 2: You will need to collect all necessary documents for your attorney to review. The importance of gathering and organizing all financial documentation is essential when filing for Bankruptcy. Failure to do so can cause your case to be dismissed by the court. Your Attorney will advise you on what types of documentation is required by the court.

Step 3: Debtor (person filing for Bankruptcy) is required to complete pre-filing credit counseling during the six months before filing Bankruptcy. The counseling must be conducted by non-profit, government approved counseling agency. The course covers personal financial management which must meet the Bankruptcy Code compliance rules. The course last approximately 90 minutes. The topics covered are:

• Why a person files for Bankruptcy

• Cause of financial problems

• What are the options for resolving the financial problems

• Analysis of your current budget and assistant to develop a new budget

• Once you have successfully completed the course, you will receive a completion certificate that must be files with the court, along with your Bankruptcy petition.

Step 4: Regardless if you are filing Chapter 7 or Chapter 13, you must complete a Means test. The means test is used to identify debtors who may have financial resources to pay back a portion of their debts to creditors. Your attorney can provide further information regarding this test.

Step 5: Bankruptcy begins by filing the official petition, schedule of your financial status and statement of financial affairs with the Bankruptcy court, and paying a filing fee.

Step 6: Once you have filed your bankruptcy petition, you will need to attend the meeting of the creditors. This is usually 30 days after filing for bankruptcy. This is a mandatory meeting. The Bankruptcy trustee will conduct the meeting. This meeting is short and you will be asked questions regarding the paper work you filed with the courts.

Step 7: Before your debt can be discharged, you are required to complete a Personal Financial management Course. It must be conducted by an approved debtor education provider. You will receive a completion certificate that must be filed with the court before your bankruptcy can be discharge.

Step 8: Discharge occurs once the court has ruled the debtor is legally relieved from most debts and creditors cannot collect those debts. Certain debts are not discharged; child support, alimony, certain types of taxes and student loans.

Dustin Bower is the founder and owner of Bower Law Office, PLLC. Dustin has experience in a wide range of legal areas, including bankruptcy, child welfare and advocacy, administrative law, criminal law, unemployment law, corporate law, and business litigation. Dustin’s most recent legal experience involved working with several large engineering and construction firms responsible for the 35W bridge redesign and construction. Dustin is also very active in the non-profit community. He currently volunteers through Minneapolis Achieve, a program that puts professionals in contact with at-risk inner city high school students.

Dustin Bower is the founder and owner of Bower Law Office, PLLC, http://www.bowerlawoffice.com. Dustin has experience in a wide range of legal areas, including bankruptcy, child welfare and advocacy, administrative law, criminal law, unemployment law, corporate law, and business litigation.

Article Source: http://EzineArticles.com/?expert=Dustin_Bower

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2 Types of Personal Bankruptcy and 4 Types of Business Bankruptcy

February 19, 2010 By Bankruptcy Leave a Comment
By Greg P Williams

Bankruptcy can be defined as a legal procedure that helps a debtor or a business to make a fresh financial start by either paying back or getting discharge from the debts. Upon successful completion of the bankruptcy proceedings, the debtor or the business gets relieved of the debt obligations. This article discusses about the different types of bankruptcy, precisely, different chapters of business and personal bankruptcy.

Types of personal bankruptcy

You can file either Chapter 7 or Chapter 13, when you have huge amount of multiple debts and you’ve failed in all your attempts to repay them. These 2 types of bankruptcy are given below.

• Chapter 7

You may get discharge from some or all your debts if you file a Chapter 7 bankruptcy. However, you need to pass the means test as it is the prime criterion that you need to satisfy in order to file Chapter 7. Means test determines that the debtor’s income is less than the median income (for his/her family size) in his/her state. After filing Chapter 7, your assets are liquidated to repay your debts.

• Chapter 13

You should have a regular income in order to file Chapter 13. By filing Chapter 13, you can repay some or all your debts with the help of a 3-5 year repayment plan. You can choose Chapter 7 when you have secured debts (such as, a car loan) to repay. This is a better option if you want to keep your assets.

Types of business bankruptcy

The different chapters of business bankruptcy are discussed below.

• Chapter 7

When a business files Chapter 7, the business assets are liquidated in order to pay off the debts. The overall procedure is monitored by a trustee appointed by the bankruptcy court.

• Chapter 9

A municipality can file Chapter 9 when it has huge debt to repay. When it files Chapter 9, the bankruptcy court helps the municipality to reorganize the debt and also provides protection from its creditors.

• Chapter 11

Chapter 11 helps a business to continue with its operations along with repaying the debts under the guidance of a bankruptcy court. However, only large companies can take help of Chapter 11 as it is quite expensive.

• Chapter 13

A business can file Chapter 13 when it wants to protect its assets. It is suitable for sole proprietors or small scale businesses that can retain non-exempt assets and repay the creditors with the help of a repayment plan.

It is advisable that you contact a bankruptcy attorney when you’re left with no other options to repay debts. Depending on the financial condition, a lawyer can help you to choose the most suitable one among the different chapters/ types of bankruptcy.

With the help of a bankruptcy lawyer, at first, you need to file a petition to the court that includes a list of your creditors and how much you or your business owes to them. Then, a trustee is appointed by the bankruptcy court after it approves your petition. The trustee is responsible to administer the entire process till you repay or get discharge from your debts.

Greg Williams is a financial advisor providing specialized advice for person facing worst financial situations. He is a guest author of allfinancialforms.com. He is also an active member of the Advisory Board of this website.

Article Source: http://EzineArticles.com/?expert=Greg_P_Williams

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Surviving Bankruptcy

February 17, 2010 By Bankruptcy Leave a Comment

By S Kung –

You will often find that people today are spending far more than they earn. We have become a debt society where you borrow money you don’t have, to buy things you don’t need. Often times, this excessiveness can often lead into bankruptcy. There are many reasons why people declare bankrupt. Some people may have lost a job or had an unforeseeable situation arise, while others might have overused credit cards and borrowed more than they could pay back.  When it comes to surviving bankruptcy, it doesn’t matter how you got there, it only matters how you’re going to get out.

If you have filed for bankruptcy then you probably know that you are one of millions who have declared bankruptcy. Because of the recent economic crisis, many people who normally would have great credit, have been forced into bankruptcy because of uncontrollable events.

After you have declared bankruptcy you should try and focus on the road ahead and not dwell on the past. People who become depressed often find it very difficult to recover from a tough time. Keeping a positive attitude regarding your financial future, will allow you to focus on what needs to be done to recover from your tough situation.

One situation that probably led you into bankruptcy is a lack of reserve savings to hold you through tough times. If you have a steady income, you should start putting away a little bit of money every month just in case you every need access to money. You could also use this money in the future for a down payment on a house or other financial needs.

Another thing you should do for surviving bankruptcy is to reduce your monthly expenditures. This means cutting out that daily cappuccino at Starbucks or that expensive cable package you subscribe to. Cutting down your expenses will ease the pressure off your income and allow you to put aside the extra money into savings. Surviving Bankruptcy is necessary in order to restart your credit history again. You can look online and find other Bankruptcy Tips and Advice available if you do a search.

Article Source:  Surviving Bankruptcy

Filed Under: How to File, Recovering from Bankruptcy Tagged With:

Is a Chapter 13 Bankruptcy Right For You?

February 12, 2010 By Bankruptcy Leave a Comment

By Benjamin L. Dodge -

If you have fallen behind in payments to creditors such as your mortgage holder, car loans, etc. then you may be considering a Chapter 13 Bankruptcy or Chapter 7 Bankruptcy. Many things should be considered when determining which chapter bankruptcy you should choose. You should consider your income and earning potential and also whether you are looking to surrender your property or keep it.

If you have the ability to make payments and you want to keep your property then Chapter 13 bankruptcy is most likely the best choice for you. With a Chapter 13 Bankruptcy you will be able to establish an acceptable payment plan thus allowing you to keep your property. If your property is considered exempt or non exempt you are still allowed to keep it. Your debts are not canceled but they may be reduced under Chapter 13.

During your time of struggle with payments a certain creditor may have garnished your wages for your debt. Under Chapter 13 bankruptcy you will be released from this garnishment. (Although, your Chapter 13 payment may be taken directly from your check.) You are also granted an immediate stay from creditor action such as calls and threatening letters. Your creditors are not allowed to contact you personally for the duration of your Chapter 13 Bankruptcy plan. If your Chapter 13 plan makes full payment then any co-signers you may have had for any loans will also be provided protection against creditors.

A Chapter 13 Bankruptcy can be filled at anytime and as many times as needed. Your child support can’t be discharged under the plan nor can taxes however you may be given more time to pay these debts. Legal fees can be more for Chapter 13, in some cases these can be paid through the plan. Your plan will last three to five years. Your payments are based on your pre bankruptcy income and do not change according to your income changes unless you petition the court.

Chapter 13 Bankruptcy allows you to reconstruct your debt. It can be an invaluable tool when your debt becomes overwhelming. Your attorney will guide you through the process.

Benjamin Dodge is an attorney for Dodge & Vega, PLC. He invites you to visit his website http://www.dodgevegalaw.com for more in-depth information about bankruptcy in Arizona. While you’re there be sure to fill out the free bankruptcy case evaluation.

Article Source:  Is a Chapter 13 Bankruptcy Right For You?

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Personal Bankruptcy – Can Filing For Bankruptcy Affect Your Job?

February 11, 2010 By Bankruptcy Leave a Comment

By Jay Fleischman  –

If you’re in debt and thinking about ways to end your bill problems, you’re worried about your privacy. Who will find out about your issues, and what kind of effect it will have on your major barriers to getting out of debt.

After all, this is a personal issue – not something you want to discuss with the world.

Under normal circumstances, your employer won’t find out that you’ve filed for Chapter 7 or Chapter 13. The exceptions to this rule are:

Your payroll department may be notified to discontinue an income execution (wage garnishee).
If you file a Chapter 13 bankruptcy and your court requires Plan payments to be made through wage deduction then your payroll department will need to know who to send the payments to.

The chances are slim that your employer will take the time to go down to the courthouse and enter your name, social security number and other identifiers in order to find out whether you’ve filed a case. It’s possible, but think about it – how likely is it that anyone has that kind of time on their hands?

If your employer finds out about your case, can you be fired? Generally, no.

In New York an employer can hire and fire employees at their whim and employees may quit at any time. That’s called “at will employment,” and it’s the general way of doing business nationwide.

Section 525(b) of the U.S. Bankruptcy Code protects you from being fired due to filing for bankruptcy. This section states that no “private employer may terminate the employment of, or discriminate with respect to employment against, an individual who is or has” filed solely on the basis of having filed for bankruptcy.

In other words, you can’t be fired solely because you filed for relief from your bill problems. Of course, your boss could fire you for other reasons. So if your job performance isn’t up to snuff, you can’t hide behind the U.S. Bankruptcy Code for protection.

As a practical matter, some employers may actually be happy when you use the law to get out from under your bill problems. Once you file a case you’re less likely to be distracted by money worries. You’re less likely to “dip into the till” to cover your expenses. You won’t get those annoying phone calls at work anymore. Payroll won’t need to deal with income executions served by angry creditors.

Now that I’ve answered your question, I’d like to invite you to visit http://www.NewYorkBankruptcyHelp.com to get my free report and learn more about your options for getting out of debt.

Jay S. Fleischman is a New York bankruptcy lawyer and New York State co-chairman for the National Association of Consumer Bankruptcy Attorneys. He is also the co-founder and past President of the Bankruptcy Law Network, where he writes on consumer bankruptcy and related issues.

Article Source:  Personal Bankruptcy – Can Filing For Bankruptcy Affect Your Job?

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