Long Island Bankruptcy Attorney Melvyn Jacoby exposes the myths of bankruptcy and explains the positive aspects of this legal process.
Many people look at bankruptcy as a bad thing. If one were to listen to debt consolidation companies or debt settlement companies they always are stressing not to do a bankruptcy. But in 99 percent of the instances bankruptcy is the best solution for most people. They put their debts behind them and they get what is called a fresh start. And it's easy in the future to restore your credit, build it back up, get that house you always wanted, get another car and get on with your life.