Discharging your Debt With Chapter 7

New York Bankruptcy Lawyer

If you are overwhelmed by too many bills and not enough income to keep up your minimum payments, you should find out how bankruptcy may be able to help you.  If you have experienced a dramatic change in your life such as the loss of a job or a sudden medical emergency that has burdened you with enormous bills, you may not know what to do.  You should speak to a New York bankruptcy attorney at Price Law and get a free consultation.  We can explain how Chapter 7 bankruptcy could eliminate your debts, end all the collection calls and give you a new start in life.  We have helped many people with complex and stressful financial problems discover how bankruptcy can resolve the situation and get them back on their feet.

When you meet with one of our skilled bankruptcy lawyers, you can discuss your financial situation and learn whether you might qualify for Chapter 7 bankruptcy protection.  If you do, our first step is to stop all the collection call immediately.  You should be able to keep all your personal assets such as your car, appliances and tools and within a few short months, the bankruptcy trustee will discharge (cancel) all your debt.  You will be able to rebuild your life debt-free and without the stress of debt collectors hounding you.

Erase Your Debt and End the Collection Calls

To establish whether you qualify for Chapter 7, you will need to provide us with your last six months of income and we can compare your average income to the median income of other families such as yours.  If it is equal to or below the median income you will qualify.  If it is higher, then you will need to take a "means test" to factor in your monthly bills and expenses.  If your disposable income is too high, you will most likely still qualify for Chapter 13 bankruptcy.   Chapter 13 does not eliminate your debt but does allow you to repay your debts over an extended time period with payments that fit your budget.  Call our offices today to get your free consultation.

Contact a Bankruptcy Lawyer in New York to learn how Chapter 7 can discharge all your debt and give you a fresh start in life.