Deciding whether to file bankruptcy is a very important step. Finding the right attorney to guid
you through the process is even more important.

If you are considering filing bankruptcy it is beneficial to hire experienced attorneys who
specialize in bankruptcy. Newark & Newark will provide you with valuable information
concerning bankruptcy laws. It is important that you are well informed, aware of your options
and understand the process from beginning to end.

The consultation is FREE call us at (702) 888-BKBK (2525).  SATURDAY consultations are available for your convenience, just call for an appointment.
 


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05/22/2012 04:39

But filling the bankruptcy has negative impacts also like-
There will be a negative impact on your credit rating.
You can file only once every seven (7) years.
The bankruptcy will show up for ten (10) years on your credit report.
It may be more difficult, though not impossible, to get credit or receive financing to purchase a home, car, etc. Some companies are willing to give credit to a person immediately following a bankruptcy because they know that another bankruptcy cannot be filed for seven years.
You may be required to pay higher interest rates, making both your monthly payments and loan payout totals higher.

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