The credit industry wants to discourage debtors from filing for bankruptcy protection. In an effort to collect on debts, creditors can be aggressive and frequently try to frighten hardworking people. At The Brooke Law Firm, we want to make sure those in financial distress understand the truth about filing bankruptcy.
From our office in Brightwaters (next to Bay Shore in Suffolk County), our firm has helped thousands of clients get the debt relief they need through Chapter 7 and Chapter 13 bankruptcy. During a free initial consultation, will meet with you and answer all your questions about bankruptcy and how it can affect your life. Do not let the credit industry scare you. Get the facts.
Did You Know? Here is some information you may not know about bankruptcy :
Recent bankruptcy laws are not as restrictive as you might think— While it is true that these laws created more steps and paperwork for bankruptcy filings, these changes will most likely affect your bankruptcy attorney more than they affect you.
A majority of individuals who file for bankruptcy do not lose any of their belongings— Creditors would like you to believe that if you file bankruptcy, you will lose your house, your car and all your personal belongings. The truth is that a majority of petitioners retain all their property.
After you file bankruptcy, creditor harassment must stop— Once you file, an automatic stay goes into effect, prohibiting creditors from contacting you.
You have the power to stop a home foreclosure— Filing bankruptcy halts all foreclosure actions, giving you room to breathe.
You can rebuild your credit— Once your debt is discharged, you will be able to work on repairing your credit score. Many people get approved for a secured credit card or loan within a year after filing bankruptcy. You may even have the ability to avoid high interest rates.
Many people filing bankruptcy are good people who have fallen on hard times— The credit industry would like you to believe that only deadbeats file bankruptcy. However, a large number of petitioners got into financial trouble because of job loss, divorce or unforeseen medical expenses.
Bankruptcy offers the best solution to obtain a fresh start after suffering from a financial hardship— Bankruptcy is usually a one-time, one-fee proposition. Your fresh start begins immediately after filing.
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. You should not act or rely upon these materials without seeking professional counsel. Sending e-mail also does not establish an attorney-client relationship. An attorney-client relationship can only be established by mutual written consent with an attorney. Unless and until an attorney-client relationship is established, e-mail and other communications sent may not be privileged. Copyright 2016. John P. Brooke, Esq. and the Brooke Law Firm is a federally qualified debt relief agency (lawyer and law firm) and, among other services, provides legal assistance to people and businesses seeking relief under the United States Bankruptcy Code.
Address: 256 Orinoco Drive Suite C Brightwaters, NY 11718
Thank you for contacting us. We will get back to you as soon as possible
Oops, there was an error sending your message. Please try again later