Blog sponsored by Bankrupt-Law.com


By Bankrate.com

Like most big, bad scary things, bankruptcy has a reputation based on a few
tidbits of truth and lots of embellishment. It's not nearly as frightening
once you know the truth.

12 bankruptcy myths

With a mind toward declawing the monster, here are a dozen misconceptions
about bankruptcy:

1.Everyone will know I've filed for bankruptcy.
2.All debts are wiped out in Chapter 7 bankruptcy.
3.I'll lose everything I have.
4.I'll never get credit again.
...   more »

Blog sponsored by Bankrupt-Law.com


9/11/2006 - Special to The OBSERVER

BUFFALO - With consumers feeling the squeeze of increased interest on
adjustable rate mortgages and high energy prices, the drop in bankruptcy
filings resulting from last year's change in the bankruptcy law may soon
become a thing of the past.

According to Jeffrey Freedman, senior partner of Jeffrey Freedman Attorneys
at Law, while it is true that national statistics on consumer filings for
the 12-month period ending June 30 of ...   more »