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Many people are forced to turn their hard-earned paychecks over to a mountain of bills every month, only to find that they cannot pay much more than the minimum amounts due. As a result, they get caught in a vicious cycle where they never make any headway and get deeper and deeper in debt. If you dream of being debt-free, you might want to consider filing for bankruptcy.
There is often a stigma attached to bankruptcy. People worry that it will damage their credit and keep them from getting a mortgage or applying for any other loans for the rest of their lives. Bankruptcy, however, is not part of the problem; it is part of the solution. Any damage your credit suffered is from before bankruptcy, not as a result of the bankruptcy. Filing for bankruptcy could allow you to erase much of your debt without tax ramifications, and you will be able to begin rebuilding your credit two years after your discharge.
For help with your case, call us at 718-863-6000 or fill out our online form. We always have two experienced bankruptcy attorneys on call waiting to answer your questions.
Details
- Last Updated
- 14/Dec/2024
- Contact
- Thomas Denaro
- [email protected]
- Phone
- (718) 863-6000
- Website
- http://www.thomasdenarobankruptcylaw.com/
- Address
- 1726 Edison AveBronx, NY 10461