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Filing for Bankruptcy

The Bankruptcy Filing Process

Price Law Group is a highly respected legal firm that helps people in financial trouble eliminate their debts and create a more desirable future.  Our lawyers are knowledgeable debt counselors who can provide sound advice on bankruptcy and other ways to successfully recover from a financial crisis.

The decision to file for bankruptcy is an important one, and should be carefully considered with the help of an experienced New York bankruptcy attorney.   If you decide to move forward in filing a bankruptcy petition, a qualified lawyer from our firm can guide you through the process, including deciding whether to file for Chapter 7 or Chapter 13.  Our attorneys will also help ensure that the financial data included in your petition is accurate, and that the court receives all of the necessary documentation to properly review your case.

Before a petition can be filed, you are required by law to take a credit counseling class, which we will help arrange.  The classes are given by a federally approved non-profit organization, typically last one to two hours, and are conducted by phone, in person or online.  After your petition has been submitted to the court, it will be reviewed by a Trustee from the office of the United States Trustee.  You may be asked to provide additional data to the Trustee, which we can assist with as well.

New York Bankruptcy Attorney

Many people are concerned about filing bankruptcy because it will remain on their credit report for 10 years; however there are also numerous benefits to this debt remedy such as:

  • No more annoying calls and letters from creditors
  • Any wage garnishment will cease
  • All foreclosure actions are halted
  • You vehicle or other property can no longer be repossessed

Attorneys from Price Law Group can explain the bankruptcy process in detail, including both the various advantages and disadvantages of this legal action.  We will help you make the best possible decision regarding your debts, with care and compassion for your situation.

Contact a New York Bankruptcy Attorney if you are considering bankruptcy and want to know more about this legal solution to your debt problems.

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