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Recent Posts in Bankruptcy Myths Category

Busting Bankruptcy Myths: The Impact of Filing

Considering bankruptcy can be an overwhelming process, and for many, the prospect of navigating this legal journey can lead to an exploration for finding answers. If you or someone you love is ...
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The Three Biggest Bankruptcy Myths: How Filing Will Affect Your Life

There are a number of myths surrounding bankruptcy and how it may affect you as a borrower. Here we will dispel three of the main myths on this important subject: Myth #1: Filing for bankruptcy is a ...
Continue reading "The Three Biggest Bankruptcy Myths: How Filing Will Affect Your Life" »

10 Things Bankruptcy Court Won’t Tell You

There are a lot of myths out there regarding bankruptcy, like that it will ruin your credit for life and that you will lose your home. We found this article on SmartMoney.com that gives you 10 ...
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Watch Me Wednesday: Bankruptcy Myths

Senior Managing Partner Melvyn Jacoby discusses a common Bankruptcy myth.
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Benefits and Misconceptions about Chapter 13 Bankruptcy

Every day, people come to us seeking debt relief, yet hesitant to take the next step because they are concerned about how it will affect their creditor score in the long term. If you are having a ...
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If I file for Bankruptcy, Can I be Fired?

One question we are often asked is whether someone can be fired from their job if they file for bankruptcy. The quick answer is, "No." The Bankruptcy Code contains specific protections for people who ...
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Watch me Wednesday: Will I Lose My Car if I File for Bankruptcy?

Retaining your car when you file for bankrputcy in New York depends upon the value of the car, whether the car is new or old, and the amount of the loan out on the car. Only a Long Island bankruptcy ...
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Getting Credit after Bankruptcy

It is a common myth that after filing for Bankruptcy, it takes up to ten years to get credit again. This isn't true at all. In fact, there are many ways to get credit after Bankruptcy: Secured Credit ...
Continue reading "Getting Credit after Bankruptcy" »
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