Richard Jacoby, the managing partner at Jacoby & Jacoby, explains the importance of hiring an experienced bankruptcy attorney on Long Island.
This is Richard Jacoby; I am a managing partner at Jacoby & Jacoby, a Long Island bankruptcy law firm which has been in existence for 45 years. Why hire an attorney in bankruptcy is most important because of the intricacies of the law as of October 17, 2005. When the law was changed there were many new provisions which have to be filed very, very carefully in order to be successful with a bankruptcy filing. Income now comes into play in a very significant manner; assets come into play in a very significant manner so hiring an attorney who does bankruptcy on a regular basis is most important for individuals who need financial help.