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Information Center

Welcome to our Bankruptcy Information Center. In this section, you will find basic information about bankruptcy, as well as the different types of bankruptcy and other valuable information regarding this topic. If you are considering filing for bankruptcy, are looking for a bankruptcy attorney in your area, or are simply looking for additional information about bankruptcy in the United States, you have come to the right site. We hope you find all the information here helpful.

For additional information on a specific topic, please click on one of the links below:

To find a bankruptcy attorney or lawyer in your area, click here.

Recent Press Releases

  • Actual Chapter 13 Case Results
    We filed a Chapter 13 bankruptcy petition within one business day of meeting our clients in order to help client save their home from foreclosure. The client was approximately 7-8 months behind on their mortgage payments and the foreclosure was to ... read more +
    27-Jun-2009 6:24p
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Recent Articles

  • Creditor Harassment
    Creditor Harassment and Abuse Information from Chicago Bankruptcy Attorneys When you are facing large quantities of debt and are feeling completely overwhelmed, you have probably had to deal with multiple letters and call from creditors trying to ... read more +
    15-Jul-2010 5:33p
  • Information about Means Testing
    Means Testing Federal bankruptcy laws changed in 2005 when Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act. Under the new bankruptcy law, all individuals who have an income that is higher than their state's average who ... read more +
    15-Jul-2010 5:09p
  • The Fresh Start: Life After Bankruptcy
    A New Beginning For Americans with debt, the average household owes over $15,000 in credit card debt alone. When student loans, mortgages, and other debts are factored into the equations, in-debt households owed an average of $54,000. It is no ... read more +
    15-Jul-2010 4:23p
  • Should I file Chapter 7 or Chapter 13?
    Massachusetts Bankruptcy Attorney Should I file Chapter 7 or Chapter 13? When someone finally makes the decision to file for bankruptcy, one of the first and most important choices they must make will be whether they should file for a Chapter 7 or a ... read more +
    7-Jul-2010 5:03p
  • The Effects of Credit Card Debt
    Massachusetts Bankruptcy Lawyer The Effects of Credit Card Debt With a culture centered around the idea of plastic money and getting things immediately, it is no wonder that credit cards have created a situation of bad debt for many good Americans. ... read more +
    7-Jul-2010 4:29p
  • Common Bankruptcy Myths
    Massachusetts Bankruptcy Attorney Common Bankruptcy Myths While bankruptcy itself is often a perfectly legitimate and desired solution for many people struggling with debt, it sadly has formed a bad reputation and is followed around by an ... read more +
    7-Jul-2010 4:06p
  • Are You a Victim of Predatory Lending?
    When you find yourself inundated with debt or facing a foreclosure notice, you may wonder how you got to this point. Often, borrowers work hard to be financially responsible, but unexpected situations, such as an injury or illness, divorce, or job ... read more +
    29-Jun-2010 10:25a
  • Bankruptcy in Long Island
    The current recession and the bubble and burst cycle that has been affecting many aspects of the American economy has caused debt to become overwhelming for many individuals and businesses. With many stocks and real estate investments suddenly ... read more +
    28-Jun-2010 2:17p
  • Loan Modification
    A foreclosure is often the worst case scenario for people in debt. Not being able to pay your bills or mortgage is stressful enough, but adding to that having to find a new place to live and the job commute issues or school zoning changes that come ... read more +
    27-Jun-2010 4:25p
  • Foreclosure Defense
    Foreclosure is not inevitable, even if you have already been served a foreclosure notice or have fallen behind on your mortgage payments and cannot afford to keep up with them. There are alternatives to foreclosure, such as loan modification, a ... read more +
    24-Jun-2010 5:20p
  • Filing for Bankruptcy in Long Island
    Long Island Bankruptcy Attorney Filing for Bankruptcy in Long Island In a world run by plastic money and lending companies, it is increasingly easy to not only fall into debt, but to continue to slide down the slippery slope. With a culture of ... read more +
    18-Jun-2010 11:26a
  • Is Your Financial Situation Out of Control?
    If you feel like your financial situation is out of control and your amount of debt is so large that you may never catch up, then you need to consult with a debt settlement attorney . Unexpected situations in life happen that sometimes change the ... read more +
    15-Jun-2010 10:16a
  • Eliminating Debt
    How a Bankruptcy Attorney Can Help You Eliminate Debt Overwhelming debt is a problem that can lead to a great deal of stress for any person. Not only is there the stress of trying to make payments while forgoing necessities or luxuries that you ... read more +
    29-May-2010 1:40p
  • Chapter 13 Bankruptcy
    About Chapter 13 Bankruptcy A Chapter 13 bankruptcy is typically a good option for a Long Island debtor who has a steady income and property or assets that may not be protected under a Chapter 7 bankruptcy. Under Chapter 13 of the U.S. Bankruptcy ... read more +
    28-May-2010 5:37p
  • Chapter 7 Bankruptcy in Long Island
    Chapter 7 Bankruptcy in Long Island Chapter 7 is a type of bankruptcy that may be referred to as "liquidation" because the debtor's assets are liquidated to pay off creditors. However, there is much more to a Chapter 7 Bankruptcy than this. At ... read more +
    26-May-2010 3:35p
  • Is Bankruptcy Right for Me?
    If you are facing overwhelming debt, foreclosure, creditor harassment or the myriad of other problems that come with accumulating too much debt and being unable to keep up, bankruptcy may be something that you are considering. Of course, bankruptcy ... read more +
    24-May-2010 7:40p
  • Long Island Bankruptcy Attorneys
    When facing overwhelming debt, foreclosure and creditor harassment, a debtor may feel that he or she has nowhere to turn. At Jacoby and Jacoby, a debtor can get the experienced legal help he or she needs to properly file for bankruptcy in Long ... read more +
    17-May-2010 10:55a
  • Is Bankruptcy Right for Me?
    How Do I know if Bankruptcy is right for me? Filing for bankruptcy is a serious choice that should not be taken lightly. However, in some cases, bankruptcy can be a saving grace – an option that could make the creditors stop calling, save your home, ... read more +
    27-Jun-2009 6:27p
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