Stony Point, NY (PRWEB) June 22, 2012
The law firm of Frank J. LaPerch, PC has launched a Rockland and Orange County New York bankruptcy FAQ section on their NY bankruptcy website helping individuals and families obtain fresh starts in regard to their debt in this difficult economy.
By offering a free chapter 7 bankruptcy consultation In Rockland and Orange County New York, Frank J. LaPerch has dispelled many misconceptions about bankruptcy for individuals and families in Rockland and Orange Counties. With no risk, individuals from New City to Stony Point to Haverstraw are learning how bankruptcy, in many cases, is the key to a fresh start and leaving debt behind. The website has a helpful FAQ section dedicated to answering the most common New York bankruptcy law questions such as: Can I keep my house? My Car? (in most cases – Yes!); Can I keep my retirement accounts? (typically they are completely exempt); I’m behind in my mortgage – can I save the house? (Yes, most times bankruptcy can cure a distressed financial situation through a modification or a chapter 13 plan for arrears); If I can’t save my house – how long do I have to stay? (very often a foreclosure will take a minimum of one year. In that time, families often stop paying the mortgage after the bankruptcy and save their money throughout the long process of foreclosure); Is bankruptcy a long process? Is it difficult to discharge the debt? (in most cases there is one have one court appearance with a trustee, NOT a Judge, for a two minute interview about the petition and that’s it!); Is my credit damaged forever? (No. In fact, with our advice, most people will see their credit scores go up within one to two years post bankruptcy.)
The first hurdle is often making the decision to seek help from a bankruptcy lawyer in Rockland County New York. Most people are struggling paying credit cards that are now charging up to 29% interest. A bank couldn’t lend money at this rate, but credit card companies are exempt and this is a large reason people are drowning in debt. Hard working people have often repaid more than they used on the cards, but cannot overcome the exorbitant interest rates. Bankruptcy is a way to stop this vicious circle and obtain a fresh start.
The law firm of Frank J. LaPerch specializes in New York bankruptcies and has been providing compassionate and helpful advice and guidance for individuals and families in Rockland and Orange County call (845) 942-5500 or read more about Bankruptcy in New York at http://www.rockland-bankruptcy.com for more information about Chapter 7 and Chapter 13 filings. Frank J. LaPerch, PC is considered a "Debt Relief Agency" under the U.S. Bankruptcy Code