- Can I keep my car loan or lease and keep my car?
Yes, just keep making your car payments and most cars are protected under the law.
- Can bankruptcy stop a wage garnishment?
Yes, the wage garnishment usually ends within one or two pay periods after you sign the bankruptcy petition.
- Can bankruptcy release my frozen bank account?
Yes, a frozen bank account is usually released within two weeks of your signing of the bankruptcy petition. Ninety percent of the time, the bank account is released within these two weeks. But, in five to ten percent of the time, the creditors contest the case and the release of the bank account takes months.
- Does bankruptcy stop lawsuits, judgments and lawyers?
Yes, bankruptcy stops all lawsuits and eliminates all judgments.
- What should I do if a creditor calls me?
You politely tell the creditors that your lawyers, Charles Juntikka & Associates, have told you not to answer any questions. Also, tell the creditors our phone number (212)315-3755. Do not tell them you are filing for bankruptcy. Refuse to answer their questions and tell them to ask us for any information.
- Does bankruptcy affect immigration: Citizenship, sponsorship, green cards, residency?
No, immigration status is not affected in any way.
- Is it true that after bankruptcy I cannot have credit for 7 or 10 years?
It is not true. You can begin to re-develop your credit as soon as the bankruptcy is over. Our law firm was on CNN and CNN/Money Magazine explaining this process. Refer to Rebuilding Credit for more information on how this is done.
- Can I put student loans on my bankruptcy?
No, you cannot file bankruptcy on student loans. But, if you are physically disabled, bankruptcy might be able to help.
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