Bankruptcy - Should I File?

If you find yourself deeply in debt, bankruptcy legally entitles you to protection from creditors. It’s not for everyone, but bankruptcy may relieve you and your family from crushing burdens.

An experienced bankruptcy attorney can explain your options. For example:

• Recent changes to federal law now require a “means test” for Chapter 7, which can ease the strain of personal debts such as credit card bills. We can tell you if you qualify.
• Also, Chapter 13 allows us to work out loan modifications and save homes. In many instances if you have no equity in your home above your first mortgage you can have a second mortgage stripped.

Before making a decision about filing for bankruptcy, one of your smartest moves is to speak with an experienced bankruptcy attorney. We are here to help and protect you. American businesses file for bankruptcy protection every day. The law provides that individuals can receive similar protections as large corporations if it makes sense for your circumstances.

If you're in White Plains or nearby in Westchester County stop by for a bankruptcy consultation. If you're from outside the New York area just give us a call or send us an email today.