chapter 7 bankruptcy lawyer nyc

There are several situations where a Chapter 13 is preferable to a Chapter 7. A Chapter 13 bankruptcy is the only choice if you are behind on your mortgage or business payments and you want to keep your property, either in New York or another state, at the end of the bankruptcy process.Brooklyn Bankruptcy Attorney Serving the NYC Area. Chapter 7 bankruptcy. Chapter 7 is the most common form of bankruptcy filing in the United States. It gives debtors a fresh start by stopping collection calls, delaying foreclosures on their homes, and allowing them to pay off debts according.New York Bankruptcy Attorney Explains Chapter 7 Bankruptcy. Although many people think of Chapter 11 when the subject of bankruptcy is brought up, the type of bankruptcy filed most often is Chapter 7 Bankruptcy. In fact, if you are an individual and wish to get out of debt, Chapter 7, if.Qualifying for Bankruptcy in New York-Means Testing. In bankruptcy, the means test determines whether you meet the qualification requirements of a particular chapter. Chapter 7 bankruptcy. You’ll meet income qualifications if you pass the "means test." The first step is determining whether your household income is lower than the median.At the New York law firm of Rosenberg, Musso, & Weiner our Chapter 7 bankruptcy attorney helps homeowners, workers, and other clients file for Chapter 7 protection. Sometimes referred to as a "straight liquidation bankruptcy," Chapter 7 is the most common type of consumer bankruptcy due to its relative simplicity and cost.A bank that worked with Epiq Systems to promote services to Chapter 7 bankruptcy trustees has sued the. Jack Newsham writes about the New york legal community and the business of law, including law.Bankruptcy lawyers, Gladstein & Messinger handle personal bankruptcy filings, including Chapter 7 and chapter 13 petitions. Schedule a consultation today!Univita of Florida, a health company in Miramar, has filed for bankruptcy after closing abruptly and laying off hundreds of employees a month ago. The home care product provider is seeking to.Chapter 7 Bankruptcy – A Summary. Chapter Seven Bankruptcy is the most famous bankruptcy. It is the kind of bankruptcy that instantly wipes out most debts, especially Credit Card Debt, Foreclosure Debt, Business Debt, Repossession Debt and much more.