What the Credit Industry Doesn’t Want You to Know

Rhode Island Attorney
What the Credit Industry Doesn’t Want You to Know about Bankruptcy

At my personal bankruptcy law office in Providence, Rhode Island, I have helped many people get a fresh start by filing Chapter 7 or Chapter 13 bankruptcy. In most cases, clients come in for a free consultation not knowing what to expect after they file for bankruptcy, because the credit industry has such a powerful marketing reach.

If you are considering whether you should file for bankruptcy, I invite you to ask yourself the questions I have posted on the Before You File For Bankruptcy page of this site. If you answer yes to a few of the questions, it may be time that you and I get together in a free consultation at my office, or on the phone. Contact the Rhode Island personal bankruptcy attorney’s office of attorney Robert B. Jacquard, Esq., to schedule a meeting.

While you are trying to decide about whether to file for bankruptcy, here are some things the giant credit industry doesn’t want you to know:

Life after bankruptcy isn’t tough. Many people get approved for a secured credit card or loan within a year after filing bankruptcy.

You can keep your house and car, and continue to make payments after bankruptcy.

Chapter 7 bankruptcy won’t affect your ability to get a student loan.

Chapter 13 debt relief bankruptcy allows you to lump your tax and student loan debt burden into the repayment plan.

You can stop a house foreclosure immediately by filing for bankruptcy

You do not need to sign a repayment plan in your required credit counseling session prior to filing bankruptcy.

The 2005 National Debt Relief Act did not affect most people who want to file for Chapter 7 bankruptcy.

When you call the Rhode Island bankruptcy attorney’s office of Robert B. Jacquard, Esquire, for a free consultation, I will be able to quickly assess whether or not it will be beneficial for you to file for bankruptcy.