retyour.gif (7100 bytes) Baker Law Firm LLC
New  Bankruptcy Law 2006

3110 East Market Street York, PA 17402
Phone (717) 600-2900  FAX
(717) 600-8042

Know your Rights
The New Bankruptcy Law and You

retrohuh.gif (4999 bytes)Are you a consumer who finds yourself overwhelmed by debt? You can still file for bankruptcy protection if you qualify.  It is your right.  Major protections are in place to preserve the rights of creditors and collectors. Bankruptcy law is still there to protect you if you need it. Why let anyone talk you out of exercising your rights or make you feel guilty about your situation?

What is the new bankruptcy law?
You may have read that the bankruptcy law has changed, effective October 17, 2005.   The changes represent the most sweeping overhaul of the Bankruptcy Code since 1978.   There are numerous changes, too many to summarize in a few paragraphs. The important point to keep in mind is that you can still file if you qualify.  Credit card bills keep coming in.  In the majority of cases consumers can still keep their cars, keep their homes, and obtain a fresh start. 
Call us to set up a free first consultation to learn more: (717) 600-2900.

If I am considering bankruptcy relief, am I alone?
Considering that roughly 2 million bankruptcy cases were filed in the United States in 2005, you are not alone. Financial crises happen. Anyone can lose a job, get sick, or find themselves saddled with debt.

Should I feel guilty about considering bankruptcy?
retrslate.gif (5791 bytes)Consider some of the reasons why bankruptcy rates been rising in the U.S. for the last two decades. Some academics believe that a 1978 Supreme Court decision that allowed credit card companies to charges rates of interest allowed in their state of incorporation has something to do with it. Many companies seem to have incorporated in states where high interest rates are allowed. Being able to charge higher rates may mean that card issuers can afford to issue cards to those with a limited ability to repay. The process has also become less personal. Not only do many credit card offers come as junk mail, but issuers themselves may not police their own loans. These factors have likely contributed to the rise in bankruptcy filings nationwide.



The information at this site is intended for informational purposes only, and is not intended to give professional advice on any legal matter. Each case is unique and should be reviewed with a qualified attorney or other professional. We are a debt relief agency.  We help people file for bankruptcy relief under the  Bankruptcy Code.

Bankruptcy Information

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