Yes, You Still Can File Bankruptcy

22 Jul Yes, You Still Can File Bankruptcy

In the run up to the current bankruptcy reform law, lawyers inundated us with a blitz of file before it is too late ads. Yes I am guilty, though I correctly pointed out reform meant stricter filing requirements. My colleagues and I did a good job convincing consumers that bankruptcy Armageddon was near. In response, debtors filed in record numbers. Now, some creditors are picking up where we left off. Bankruptcy lawyers across the country report hearing from potential clients who were told by bill collectors they could no longer file bankruptcy to avoid their debt. Additionally these consumers are now bombarded with radio and television spots for debt consolidation services designed to steer them away from bankruptcy.

The bottom line: You can file bankruptcy today, and in many cases, you can do it cheaper than before because many courts no longer require mandatory minimum payments to unsecured medical and credit card debts.

Related Posts Plugin for WordPress, Blogger...
The following two tabs change content below.

Andy Miofsky, Esq.

Andy Miofsky holds the highest AV PREEMINENT rating from Martindale Hubbell Law Directory and a perfect 10.0 from AVVO. Andy is an Illinois consumer rights lawyer with offices in Granite City Illinois. Andy represents people with bankruptcy and student loan debt problems throughout the Southern District of Illinois since 1979.
No Comments

Sorry, the comment form is closed at this time.