Where To Find a Chapter 7 Bankruptcy Attorney In New York

Living in a city like New York allows you the opportunity to get care in a major medical institution and services and assistance for seniors. You will get help quickly and have access to specialized treatments in a city rather than suburbia or a rural area. Living here might feel overwhelming—but it will probably also feel exciting. You will look forward to everything living in a big city has to offer in the realm of food, entertainment, nightlife, job prospects, and more. New York City is composed of the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island. It’s where the Carnegie Hall and the Metropolitan Museum of Art are located. Once you immerse yourself in the culture, you’ll be that small out-of-towner who has made his/her dreams come true.

But there are times when living in New York gives you that difficulty of keeping with the bills. Unfortunately, it's not quite that easy to wish your debt off, but there are some federal laws that can help you manage or eliminate that debt.

Filing for Chapter 7 Bankruptcy is not the end of the line for you

Bankruptcy is usually considered a last resort option. You should only file for bankruptcy after careful consideration of your options. Even the most responsible individuals can run into financial adversities. Sometimes these issues get so bad that they can't get out from under them. For those with unmanageable debt, one solution is to file for Chapter 7 bankruptcy.

Chapter 7 Bankruptcy is also known as straight bankruptcy. You seek the protection from a bankruptcy court while you immediately have a meeting with your creditors. This means that you can keep your house and car in most cases. Normally, it takes a number of months and the court appoints a trustee who will ask you about all your assets, debts, and income.

What can a Chapter 7 Bankruptcy filing in New York do for you?

By filing for bankruptcy and if you are qualified, you may be able to be emancipated from your current debts. This will give you that renewed financial jump. The filing may also be able to temporarily stop a tax or mortgage foreclosure on your chapter 7 bankruptcy lawyer brooklyn ny home, prevent a car from being re-claimed, or stop your wages from being embellished to collect on a debt.

What debts can Chapter 7 Bankruptcy discharge?

The chief priority of filing for Chapter 7 bankruptcy is to wipe out one’s debts. Many new york chapter 7 bankruptcy attorney people who file for Chapter 7 bankruptcy will be able to discharge most or all of their debts. A dischargeable debt is one you are no longer responsible for paying after filing for Chapter 7 Bankruptcy. Some common examples that are covered when you file for Chapter 7 bankruptcy are:

-Credit Card Debt
-Medical chapter 7 bankruptcy attorney brooklyn ny Bills
-Business Debt
-Unsecured Loans

Call us at (718) 855-6840 or (631) 454-5248 and we will give you FREE CONSULTATION. You can also visit our office at 26 Court Street # 2211 Brooklyn, New York.