Banks, credit card companies and even debt consolidation companies spread lies and false statements to keep people from filing bankruptcy so that they can continue to make money, huge money off of other people's misery! Don't want to be miserable...go see a bankruptcy attorney today! For more information about Bankruptcy Lies & Truth please contact bankruptcy attorney Mr. John M Crane P.C. at 212-571-1898 and visit: http://www.johncranebankruptcy.com/
2. The Law Office Of
John M.Crane
PortChester, Queens, White Plains, New York
Disclaimer:
The tips in this presentation are general in nature. Please use
your discretion while following them. www.johncranebankruptcy.com
PortChester: (914) 481-3450
3. Everyday I meet with people that do not
understand bankruptcy. I hear many false
statements. If people understood the
truth, they would run to file bankruptcy
and get a fresh start. Did you ever hear
these?
www.johncranebankruptcy.com
Portchester: (914) 481-3450
4. MYTH # 1
I can be put in jail if I don't pay.
www.johncranebankruptcy.com
Portchester: (914) 481-3450
5. TRUTH
No, if you stole property, that would be criminal. Suffering
an illness, job loss, divorce or any other unfortunate event
that caused you to fall behind on your bills will not land
you in jail. This is a complete lie!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
6. MYTH # 2…
My credit will be ruined forever
(or 7 years or 10 years)!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
7. MYTH #2
No, in fact, after just two years, a person could
qualify to buy a house! Of course, you will need a
steady job, good down payment, verifiable income
and other things that go along with home
ownership, but your credit is not ruined forever.
www.johncranebankruptcy.com
Portchester: (914) 481-3450
8. TRUTH
Bankruptcy can stay on your credit report for up
to 10 years.
www.johncranebankruptcy.com
Portchester: (914) 481-3450
9. MORE IMPORTANT TRUTH…
By adopting responsible credit habits, such as always paying
your credit cards in full each month, paying all bills on time,
never charging anything that you cannot pay in full that
month, and not having too many lines of credit open at one
time, a person can go from filing bankruptcy to having very
good or excellent credit in as little as three years!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
10. MORE IMPORTANT TRUTH…
Banks and credit cards don't want you to know the truth
because people that know the truth are educated and know
their rights. When you know your rights, you have
power. When you have power, you can take intelligent action
and end your problems, in this case your financial
problems. That is the secret!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
11. Contd…
Banks, credit card companies and even debt consolidation
companies spread lies and false statements to keep people
from filing bankruptcy so that they can continue to make
money, huge money off of other people's misery! Don't want
to be miserable...go see a bankruptcy attorney today!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
12. MYTH # 3
Bankruptcy is evil (I will go to Hell if I file, It
is a sin, It's not right, I am cheating the
creditor).
www.johncranebankruptcy.com
Portchester: (914) 481-3450
13. TRUTH
Bankruptcy's roots are found in the
Bible! Deuteronomy 15 states:
1) At the end of every seven years thou shalt make a
release.
2) And this is the manner of the release:
– Every creditor that lendeth ought unto his neighbour
shall release it;
– he shall not exact it of his neighbour, or of his brother;
– because it is called the LORD'S release.
www.johncranebankruptcy.com
Portchester: (914) 481-3450
14. MORE IMPORTANT TRUTH
So, if you read the Bible literally, a creditor is
supposed to automatically cancel your debt every
seven years! Because our society is more concerned
about money than it is God, Congress created a right
of Bankruptcy.
www.johncranebankruptcy.com
Portchester: (914) 481-3450
15. SUPER TRUTH
Nowhere in the Bible does it permit credit card
companies to charge 30% interest!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
16. Myth # 4
Time will solve your problem
www.johncranebankruptcy.com
Portchester: (914) 481-3450
17. TRUTH…
Doing nothing solves nothing.
Nobody with a severe toothache would schedule an
appointment with a dentist and not show up! They
have severe pain and want it to go way...FAST! Well,
bankruptcy attorneys can do that for you as well. No
matter what pain you are in, no matter how bad
your situation, in almost all cases bankruptcy can get
you a fresh start!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
18. TRUTH…
Even if you do not qualify for a total liquidation under
Chapter 7 where all of your debts are discharged,
experienced practitioners can help you restructure
your debt in a Chapter 13, and in plain language,
help get you some breathing room!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
19. MYTH # 5
Are you insane?
Albert Einstein once defined insanity as doing the same
thing over and over and hoping for a different
result. If you are avoiding the phone calls or working
with debt consolidation companies charging high
interest rates, and see no way out, you owe it to
yourself to try something else!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
20. TRUTH
If you are getting crushed by a mountain of debt and
see no way to get out from under, an experienced
bankruptcy attorney can take the weight off your
shoulder and the pains and stress off your back and
help you sleep comfortably at night!
www.johncranebankruptcy.com
Portchester: (914) 481-3450
21. 342 North Main Street, PortChester, NY 10573
Phone No: (914) 481-3450
www.johncranebankruptcy.com
