Bankruptcy FAQ

Bankruptcy is a large topic that can be very confusing! There are many different types of bankruptcies that can have different implications and are suitable for different situations. For instance, some bankruptcies only apply to businesses while others are suitable for consumers. Some types of bankruptcies are a liquidation (meaning all of the assets are liquidated to pay off the debt) while some are simply a restructuring of the debt. Many consumers don’t understand that bankruptcy is complicated and confusing and that it is not your only choice for debt relief.  We’ve collected the most frequently asked questions about bankruptcy into a bankruptcy FAQ section to help you make a decision.

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What People Have to Say

I just wanted to thank your entire staff at The Law Offices of Leslie H. Tayne, for helping me get out of debt. If it wasn’t for your firm, I would have never been able to resolve my $13k worth of debt in less than 3 years. Your staff did a great job, I was finally able to buy myself a brand new car without using a cosigner. I can’t tell you again how happy I am. I would recommend your services to anyone.

L.C. Client 2007-2009

I sleep like a baby at night now because of the work that you and your office have done. Rest assured that I will refer anyone I know to your office with conditions that are similarly circumstanced.

R.S. Client 2012-2014

You have been very helpful at first directing me in the right direction when I had no clue how to go about handling everything, I really appreciated all your advice and help and hope we can work something out. Thanks again for all your help and kind words, and patience.

D.M. Client 2009-2012

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