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Thursday, June 20, 2013

Filing for Bankruptcy and Myths



There are so many myths surrounding filing for bankruptcy for years. Internet has become the most recent outlet to carry out these legends which are mostly false. In some research, it was found that the debt and credit industries started it all. These people very well know that when bankruptcy is filed, they can no longer collect because of the automatic stay. They do not want people doing this because it cut their commissions on debt collection.

Many of the myths about filing for bankruptcy are outrageous. It is not true that when one opts for bankruptcy he or she is not qualified to have another credit in the future. Many creditors understand that most individuals filed under Chapter 7 bankruptcy are almost free from debts and can go for new credits.

It is also untrue that when someone filed, he or she will lose everything he owns. You must ask for an excellent bankruptcy lawyer to make sure you completely understand everything before filing for bankruptcy.


Winston I. Cuenant, Esq., is an eminent Foreclosure defense lawyer Fort Lauderdale who can help in handling filing for bankruptcy. Mr. Cuenant areas of expertise include Fort Lauderdale Real Estate Litigation attorney, French speaking lawyer, Ft. Lauderdale bankruptcy lawyer, General Civil litigation attorney Fort Lauderdale, Bankruptcy Law Fort Lauderdale and Fort Lauderdale bankruptcy attorney.
Please Contact Our Office +19547664271 for FREE Consultation or visit us on http://cuenantlaw.com/

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