1. If I file a chapter 7 or a chapter 13 bankruptcy will I ever get credit again? Yes, it is possible. However, we caution jumping right back into debt to avoid ending up in the same situation. Many people start building their credit back up with secured credit cards. Also, time will help, the Bankruptcy becomes less significant the further in the past the you filed.
2. Can my employer fire me for filing bankruptcy? No! Employers are prohibited by law to fire you because you filed bankruptcy.
3. Will bankruptcy wipe out all of my debts? Yes, but with some exceptions. Some of the debts it will not eliminate are child support, fines for breaking the law and certain taxes.
If you have questions about filing bankruptcy, please contact my office, The Law Offices of Todd M. Friedman at (877) 449-8898 for a free consultation to see if bankruptcy is the right choice for you.