Secret Financial Information
The new bankruptcy law is now in effect. Though it's more complex and is loaded with new tricks, you can still use it to wipe our credit card and other debts.
But there
are new traps you need to be aware of before
Here's a
brand new twist. Under the old law you could rely on your bankruptcy
lawyer to show you how to take full advantage of the bankruptcy process.
But unfortunately under the new bankruptcy law your lawyer is legally
forbidden from providing you with many kinds of legal information as the
government now considers that a conspiracy to defraud the federal
government! And your bankruptcy attorney isn't going to go to stick his neck out for you - you can rely on that! The simple truth is this: the bankruptcy lawyers make their living through the bankruptcy courts. Their game is to do as little as possible for you while keeping the bankruptcy judges happy. They'll do anything to avoid causing problems with the judges because they know that long after your case is done they will have to continue making their living in those same courts for years to come. So if you can't get the information from your lawyer - where can you go for the latest insider facts that will give you what you need to take full advantage of the new bankruptcy law? You need information. You need to understand the new law - completely! You need to be sure you get the chapter 7 bankruptcy deal under which the judge bangs his gavel and all your debts instantly vanish - once and for all. You walk out of court 100% debt free! But if you make one wrong move you could end up with the other kind of bankruptcy - the dreaded chapter 13 deal. Under chapter 13 all your debts remain - every single penny. You get five years to repay them all. You spend those five long years living on only around $500 a month. The rest of your paycheck goes directly to your creditors. And You Thought Slavery Was Dead! This could happen to you! Under the new law it's harder to qualify for a chapter 7 bankruptcy. (Don't bother asking your bankruptcy lawyer to help you qualify for the chapter 7 bankruptcy - his lips are sealed!) You can avoid the chapter 13 trap - if you know how. For millions who are deeply in debt bankruptcy is a good option. But you'll need to go into the bankruptcy process with your eyes open and very, very well prepared or the whole thing could backfire! Wipe our your debts - read our completely updated guide and get the insider facts now!
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