Bankruptcy Attorney in New York City
Bankruptcy Options for Those in Financial Trouble
Bankruptcy is designed to address a wide range of financial situations and debt loads. There are three primary bankruptcy methods, Chapter 7, Chapter 11, and Chapter 13, each one being beneficial to individuals and businesses with specific financial needs.
- Chapter 7 is intended primarily for those with few assets that need protection from creditors (such as a home or vehicle), and involves the individual having their debts cancelled by a bankruptcy trustee.
- Chapter 11 serves businesses, corporations, and people with substantial debt loads, by granting them a longer period of time in which to pay their debts.
- Chapter 13 is intended for those who possess valuable assets and who would like to protect those assets from liquidation. This is done by entering the individual into a creditor payment plan.
If you would like further information on the various bankruptcy methods, as well as advice regarding which method may be right for you, contact a New York City bankruptcy attorney as soon as possible.
Are you in need of professional debt relief services?
Price Law Group was established with the intention of helping individuals throughout New York City with their financial troubles. Our firm provides a variety of debt relief and bankruptcy services, including assistance in filing for all three of the primary bankruptcy methods. Contact our offices if you are seeking some form of debt relief, and we can provide you with information in the following areas: filing bankruptcy, Chapter 11, Chapter 7, Chapter 13, short sales, foreclosure defense, loan modifications, creditor abuse, tax resolution, alternatives to bankruptcy, exemptions to bankruptcy, bankruptcy myths, means test, discharging your debt, debt litigation, debt settlement, debt negotiation, debt relief, consolidation of debt, collections defense, debt counseling, repossessions, garnishment of wages, fair debt collection practices act, why hire a bankruptcy attorney?, filing for bankruptcy, benefits of bankruptcy, the bankruptcy process, restoration of credit, and life after bankruptcy.
Resource Center For New York City
Bankruptcy Info Center
New York City Official Website
Map of New York City, NY
If you are considering bankruptcy but are unsure how to proceed,
contact a New York City Bankruptcy Lawyer
who is available to provide you with comprehensive service, including step-by-step guidance through the filing process.