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Life After Bankruptcy

admin — Tue, 09 Aug 2011 11:10:03 +0000

Are you worried about getting credit cards, car loans, jobs, or other things as a result of your bankruptcy? Watch this video and learn why those fears are unfounded.

www.TowLawBankruptcy.com

Duration : 0:1:16

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Ways to avoid filing Bankruptcy

admin — Fri, 15 Jul 2011 05:08:30 +0000

You may be facing some pretty difficult financial problems, but sometimes it is not always necessary for you to formally file bankruptcy. The Law Offices of Mayer and Newton has provided you with a short informational video on the steps you will need to take in order to avoid legal action from creditors if you are considered Judgment Proof. If you are having financial difficulties, call our office today so we can discuss your options during your free consultation!

Duration : 0:2:34

Technorati Tags: Avoiding BankruptcyBankruptcy, bankruptcy, civil warrant, credit cards, creditor, debt problems, debts, FDCPA, free consultation, hearing, judgement proof, knoxville, legal, Mayer & Newton, mayer and newton, medical debt, warrant

Law Videos – Bankruptcy Law – Chapter 9

admin — Wed, 27 Apr 2011 14:22:04 +0000

Can I use my credit cards prior to filing for Bankruptcy?

Duration : 0:0:46

Technorati Tags: attorney, attorneys, bankruptcy, cards, credit, debt, information, law, lawyer, lawyers, legal

Queens Chapter 7 Bankruptcy Lawyer Cards Credit Counseling Loan Modification New York Long Island NY

admin — Thu, 16 Dec 2010 23:22:21 +0000

Personal Bankruptcy FAQ Credit with a Lawyers Know Bankruptcy Laws, Debt Consolidation Attorneys Mortgage Foreclosure Lawyer Frozen Bank Accounts and Wage Garnishment Attorney Credit Card Relief servicing Queens, Brooklyn, Bronx, Manhattan, New York, Staten Island, Nassau, Suffolk, Long Island Filing Chapter 7 Bankruptcy NYC Bankruptcy Lawyers Best Bankruptcy Lawyer Video
Over many years of practicing bankruptcy law, I’ve noticed people asking the same common questions about Bankruptcy. I’d like to answer some of these questions for you today.
-First, The Bankruptcy laws have changed, can I Still File Bankruptcy? Yes. It’s that simple.
-Next, When should I consider filing Bankruptcy?
Although there is no one definitive answer to this question, there are some warning signs. Such as your unable to pay your bills as they come due, you lost your job or are about to be laid off, you have too many medical bills, you have oppressive credit card debt which you can never seem to pay down, you owe money on property that you no longer wish to keep such as a home or a car.
-Next, I currently own a home and a car, will I lose them if I file Bankruptcy?
Probably not. Bankruptcy allows you to keep a certain amount of equity in your home and car despite filing bankruptcy. However, whether there is a chance of losing your home or your car should only be determined by an experienced bankruptcy attorney. Please see the article entitled Top 10 Misconceptions About Bankruptcy under the recent articles section of this website for more information on this topic or contact us and we’ll e-mail you a copy of the article free of charge.
-Next common question. What about Credit Card Debt consolidation companies? Can they help?
In my opinion, with very limited exceptions, they are worthless! Please see the accompanying video and section on this website about Debt Consolidation companies.
-Next common question. Do I need a lawyer to file Bankruptcy?
No. You do not. However, you’d be crazy to file without one.
Bankruptcy law is very complicated. So complicated, that Congress created a special court with special judges to hear these cases. Statistics show that people who file Bankruptcy on their own, have an overwhelming chance of having their case dismissed or not having all their debts discharged! When this happens, you get all the burdens of filing for Bankruptcy (filing remains on your credit report, same creditors harassing you, etc.) with none of the benefits (getting rid of your dischargeable debt!). This is why it is so important to have an experienced Bankruptcy Attorney working for you (not to mention piece of mind knowing an experienced Bankruptcy Attorney is handling your case).
-This leads to the next common question. How do I choose a good Bankruptcy lawyer?
In this tough economy everyone is hurting, including lawyers. And what you see is a lot of lawyers who have little or no experience in bankruptcy taking on these cases with devastating effects on their clients. Do not let this happen to you.
-When choosing a Bankruptcy lawyer, you should ask how many years of Bankruptcy experience they have, are they Board Certified in Consumer Bankruptcy law, do they keep up with recent developments in the law, do they write articles on Bankruptcy, are they a member or chairman of the Bankruptcy committee at their local bar association. Moreover, it is very important that you feel comfortable with your attorney. Remember, you are trusting someone with your financial future. Do not let that someone be just anyone. Demand the best.
-Final common question. Is it moral to file Bankruptcy?
Yes! Yes! Yes! One of the guiding principles of the founding fathers of this nation was that people should have the ability to get a fresh start. This is evidenced by the fact that the U.S. Constitution states that Congress shall have the right to promulgate laws on Bankruptcy. Congress would not permit Bankruptcy as an option if they felt there was something wrong or immoral about it. There are many policy reasons for having Bankruptcy as an option but one reasons stand out. If Bankruptcy was not an option and individuals were stuck with debts forever, the individual would probably work “off the books” to avoid having their wages garnished. This would lead to less tax revenues coming into the government to build schools, roads, hospitals, etc. In this scenario, no one wins! Not the creditor who is unable to collect, not the government due to no tax revenue being paid and last but not least, not the individual who will be “living in the shadows” unable to live as a constructive member of society.

Duration : 0:4:56

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The Bloomberg Edge: Credit Card Debt Slowdown

admin — Sun, 11 Jul 2010 21:23:15 +0000

Credit Card Delinquencies Rise to Level Highs as Consumers Use Cards Less

Duration : 0:1:29

Technorati Tags: bloomberg, Business, credit, debt, Issues, law, legal, television, TV

Nortel Files for Bankruptcy, Claims $6.3 Billion in Debt

admin — Sun, 30 May 2010 10:23:07 +0000

Nortel Asks Judge in Delaware to Free Up $75 Million in Cash, May Rely on Cash and Loans from Units While in Bankruptcy

Duration : 0:2:8

Technorati Tags: Editors, finance, international, Issues, law, legal, NASDAQ:CSCO, NYSE:MOT, NYSE:NT, Personal, Pick, Technology, Telecom

Update: Lehman Bankruptcy

admin — Wed, 10 Mar 2010 02:11:11 +0000

Lehman Brothers Files Chapter 11, 26K Employees in Limbo; Lehman Still Shopping Asset Management Unit Neuberger Berman; CEO Richard Fuld Under Fire

Duration : 0:2:47

Technorati Tags: bloomberg, Business, Careers, finance, Issues, law, legal, NYSE:LEH, Occupation, Personal, television, TV

Showell Blades Bankruptcy Seminar

admin — Wed, 02 Dec 2009 11:13:07 +0000

South Carolina Bankruptcy Attorney Showell Blades leads a 90-minute seminar on Chapter 7, Chapter 11, and Chapter 13 bankruptcy trends and procedures.

Duration : 1:33:36

Technorati Tags: advice, attorney, bankruptcy, bk, Carolina, legal, seminar