New York City Bankruptcy Attorneys
If your debt is getting out of control, maybe it's time to speak with a New York City bankruptcy attorney.
Don't wait until you the threats against your home and property get out of control. Filing bankruptcy may put a stop to lawsuits, foreclosure and repossession.
Many people wait until it's too late for prideful reasons. But the truth is that millions of people have successfully used bankruptcy to eliminate their debt and get a fresh start on life.
A New York city bankruptcy attorney can go over your financial records and tell you how bankruptcy may eliminate your debt. They can work with you to explore your options and provide you with further bankruptcy information.
To speak with a local New York bankruptcy attorney, simply fill out the
free case evaluation form on this page or call, toll free, 877-349-1309.
Ask a New York City Bankruptcy Attorney When Bankruptcy May Help
In general, a Chapter 13 bankruptcy case may be better for you than a Chapter 7 bankruptcy in the following circumstances:
- If you own property. Generally speaking, Chapter 13 bankruptcy is better suited if you own your home, other residences, several cars or lots of family possessions. Chapter 13 provides strong protections for all types of property.
- You have steady income. In order to qualify for Chapter 13 bankruptcy, you will need to meet a certain income level. Your lawyer can help you determine if you meet the requirements set out by New York bankruptcy laws.
- You have tax debts. It is very difficult to discharge your tax debts in a Chapter 7 plan. Because of the Chapter 13 court ordered and protect repayment plan, these debts can be more easily handled with this type of bankruptcy.
- You want to protect cosigners on your debts. If you had your spouse or parent cosign on an auto or other personal loan for you prior to your filing, a Chapter 7 won't protect your cosigner, and your creditor may go after your family member for the full amount of your debt. However, filing bankruptcy under Chapter 13 may be able to fully protect your cosigner from further claims and harassment.
- You have deep student loan debt. This is another area where Chapter 13 may be able to help, and Chapter 7 typically cannot. However, there are many conditions for getting student loans included in your filing, and you may need the help of an attorney to ensure everything is in order.
Even if only one or two of the above situations apply to you, it may still be worth it to speak with a New York City bankruptcy attorney about your debt relief options.
Learn about New York bankruptcy laws and how they may be able to help you. Remember, this list isn't comprehensive, and a lawyer may be able to tell you about other options, tools and strategies within bankruptcy that may help you eliminate your debt and protect the maximum amount of your property.
To speak with a local New York City bankruptcy attorney, simply fill out the form on this page or call, toll free, 877-349-1309.
Note: Keep in mind all laws are complex. If you need legal advice or want to fully understand how these laws affect you, please speak with a local attorney.
Laws may have changed since our last update. For the latest information on your state's bankruptcy laws, speak to a local bankruptcy lawyer.