Will Bankruptcy Keep Me From Getting a Loan?

January 1, 2020 By Shulman Law Office

Will Bankruptcy Keep Me From Getting a Loan? Life doesn't stop after #bankruptcy—you'll still have expenses, you'll still need to buy things, and sometimes, you'll still need a loan. If there is a bankruptcy on your credit report, will it prevent you from borrowing money?

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Shulman Law Office's Blog

January 1, 2020 By Shulman Law Office

For some consumers, bankruptcy is the solution to crushing debt.  CNBC "You exchange not having that debt for having a bankruptcy on your report," said Ike Shulman, co-chair of the National Association of Consumer Bankruptcy Attorneys' legislative committee. However, he said, many people who file for bankruptcy already have tarnished credit due to delinquent loans.

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The Automatic Stay: How It Protects You When You File Bankruptcy

January 1, 2020 By Shulman Law Office

The Automatic Stay: How It Protects You When You File Bankruptcy

The Automatic Stay: How It Protects You When You File Bankruptcy By: Carron Armstrong Calling a debtor after a bankruptcy is filed can be a violation of the automatic stay. One of the most powerful tools in your bankruptcy tool box is the automatic stay. The automatic stay is an injunction that goes into effect when the case is filed. An injunction is a court order usually designed to prevent someone or some entity like ...

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