The Truth About Bankruptcy
27. Jan, 2010 
25 Comments
www.Savedme.com 800-728-3363 800-SAVEDME. Bankruptcy Attorney Jamie Ryke of the Second Start Bankruptcy Law Firm talks about the Truth about Bankruptcy. You can speak to him directly.
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Sorry folks, you have been had, peed on, scammed and lied to.
WallStreet is rigged and bailouts a fraud, market manipulations,
high freqency trading, flash orders, naked short selling, on and on
Goldman and Gov’t are in bed, they set the rules to benefit the few.
Jobs been exported, your labor de-valued to Zero and screw you into debt.
Walk away from your CC cards and (underwater) mortgage.
FICO scores are a scam to enslave you and keep you in debt.
Don’t be a sheeple. Protect Yourself
@bankruptcyattorney, I removed the advertisement that you pointed out to me at the bottom of my blog. Thanks again for making me aware of this.
Thanks for your response. You are extremely knowledgeable. I agree with you about not using a document preparer. I am NOT a document preparer..
No where on my site do I say to not use a lawyer, the link that I believe you saw was an advertisement on my page, which I will remove today. I thank you for making me aware of this.
I love people who try to rhyme. Its so darn clever. I took the opportunity to look at the individual who provided this information. I believe his name is Duane Johnson. I will warn you that I have sat in bankruptcy court and seen peoples cases turn sideways because they hired a document preparer trying to save a couple bucks.
cmment
Many more factors to consider. How much do you make? Is it your only source of employment? Are there other people who are living with you that are making money? You should want to file a 7. The question is can you? Feel free to call my office 800-728-3363
Thank You.
Thank you for your video.
Please help. my credit company have rise my minimum payment form 3 to 5% they refuse to help me. I also have a fourplex bough it for 630K but the property value is upside down, now its workth only 480K I have a first for 500k and 2nd for 130K. should I file for chapter 7 or 13.
Thank you
Godbless
This is the first time I’ve seen someone answer questions directly with viewers on a regular basis on Youtube. I have to say it’s refreshing and it’s good to see you know your stuff! So many people think it’s the end of their lives when it can also be a time to restock and start again.
Not true
10 years.
A chapter 7 will stay on your credit report for as long as the credit reporting agency decides to report it. I could be more than 10 years. However, the real question is how long will it count against your credit score. After 4 years there is not much of an affect at all. After 6 months you will start getting credit cards. You can build your credit back up easily. The 4 years is really how long it would take you to be able to qualify for a mortgage.
How long does a Ch. 7 stay on your credit report?
I am not exactly sure what you are asking. When you say count against you are you talking about the income threshold to file a chapter 7? If yes then the payments will count against you.
good video,
if I have a settlement with payments over time from industrial accident and owe a loan (from my lawyer to pay for my insurance premiums ) are any future income payments due me count against me during bankrupsy??? thanks and great video
Your perspective is refreshing, given the gravity of the topic. I am going to keep your words: A fresh start in mind as I move forward and attempt to save our home and rebuild as everything around us crumbled and strains.
I was meant to remain standing, not fall under the weight of seemingly overwhelming odds.
Best Day Ever to You.
- Annamai
So now that Obama has borrowed even more than that, what do you have to say? Bush and Obama are both thieves, liars, and warmongers. Don’t be shocked. It’s how you become President in a fascist nation like this one has become.
The most important thing is how the office is run. The reality is that doing bankruptcies are very much like doing mortgages. It certainly does not take an extremely high level of intelligence. More important is does the person return my calls. Is there someone to speak to when I call. Do I believe this person is organized. Make sure this person is not talking down to you. The attorney should be trying to make your life easier.
How would you choose a good bankruptcy attorney?
Glad I could help.
Thank you for your insights.
I have over a quarter of a million in outstanding medical bills. Thanks to the advice you’ve given, the decision to file bankruptcy became easy.
I’m signing my petition this upcoming Monday. Thank you for telling the truth about bankruptcy.
It’s Bush’s fault, he caused all of this!…. According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion.
Possibly, It depends on how old the taxes are and other factors. You can reach me at. 800-728-3363 to discuss further.
is it true you can write off IRS taxes on chapter 7?
Equity in a house what a novel idea.