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Jay Fleischman, Esq.

Managing Attorney - Student Loan Law, Consumer Bankruptcy, and Debt Defense at MoneyWise Law
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Lawyer focusing on student loan law, consumer bankruptcy (Chapter 7 and Chapter 13), debt collection defense (Fair Debt Collection Practices Act and litigation defense), and consumer credit reporting.

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  • MoneyWise Law
    Managing Attorney - Student Loan Law, Consumer Bankruptcy, and Debt Defense
    started Dec 1995
  • Avoiding Bankruptcy Mix-Ups: Expert Advice for Same-Name Families
    Jay explains that while rare, a parent's bankruptcy could mistakenly appear on a child's credit report due to a "mixed credit file error." He advises disputing inaccuracies with credit bureaus and regularly checking credit reports to catch errors early. Social Security numbers, not names, are key identifiers, minimizing such mix-ups.
  • Navigating Bankruptcy: Expert Insights on Credit Card Debt Solutions
    Jay explains that Chapter 7 and Chapter 13 offer different paths for discharging credit card debt, with eligibility based on income and repayment plans. He highlights the potential for credit score improvement post-bankruptcy and warns of the risks in alternatives like debt settlement. Consulting an experienced lawyer is crucial to understanding the legal and practical implications of bankruptcy.
  • When to Consider Filing for Bankruptcy: Expert Insights
    Jay advises consulting a bankruptcy lawyer when "monthly income doesn't allow them to pay their basic living expenses and continue making payments on their debts." He stresses the importance of exploring all options, including bankruptcy, to understand its impact on individual financial situations.
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