Robbins Bankruptcy Attorney On The Relationship Between Bankruptcy A...

Whether you file a chapter 7 or a chapter 13 case under the United States Bankruptcy Code, you must be aware of one thing:  You are not doing anything illegal.  In fact, the United States Constitution, in Article 1, Section 8, Clause 4, provides that Congress shall have the Power To establish…uniform Laws on the subject of Bankruptcies throughout the United States.  Therefore, the right exists to be exercised for those people who find themselves in need of bankruptcy relief.

To be sure, there are safeguards to prevent bankruptcy abuse.  But most people who seek bankruptcy relief are not using the bankruptcy laws improperly.  Bankruptcy courts are experienced and expert enough to know fraud when they see it.

In order to be eligible for bankruptcy relief, a client must be prepared to disclose everything regarding their financial condition honestly, completely and accurately.  In exchange for the bankruptcy discharge, the law requires absolute transparency.  This may make some people feel naked, but the information is largely kept within the bankruptcy court system and not published for mass consumption.

Bankruptcy is far from the worst experience most people will suffer in their lives.  Virtually all of us have been taught to pay our bills, so declaring bankruptcy and walking away from our debts isn’t pleasant, no matter how much relief it brings us.  Keep in mind, however, that you are doing something that is entirely legal.  In these economic times, filing bankruptcy is an absolute necessity for many people.  You can consult with any of our experienced bankruptcy attorneys at no cost at any of our five office locations.  Be sure to ask for a copy of our book, Chapter 7 Success: The Complete Guide To Surviving Personal Bankruptcy.  The book is full of advice on how to have a successful bankruptcy and take you from in debt to debt free nearly overnight.