New York Bankruptcy Lawyers -
NY Bankruptcy Attorneys
are Listed in the Following Areas:
Astoria | Bronx | Brooklyn | Long Island | Manhattan |
New York City | Queens | Syracuse | White Plains
Get a Free Evaluation to Find your Options for a Debt Free Life, by filling out the Evaluation Form at a New York bankruptcy lawyer in your area.
Your evaluation will be completed by the bankruptcy lawyer within one business day.
New York Bankruptcy laws allow a debtor who is buried in debts to receive an elimination of their debts and an opportunity for a fresh start. The New York bankruptcy laws allow people to take a chance without worrying about financial failure.
Many people in New York have taken advantage of the bankruptcy laws in the state to receive a wipe out of their debts and protection from their creditors harassing them for collection.
In the four New York bankruptcy courts 35,975 people filed chapter 7 bankruptcy in the 12 months ending September, 2012 while another 6,595 people filed for NY chapter 13.
Debtors considering New York bankruptcy can browse our website to get a brief understanding of the bankruptcy laws, but when you are ready to learn more about bankruptcy you can fill out our free online case evaluation form to connect with a local NY bankruptcy attorney.
Individuals in New York may file chapter 7 or chapter 13 and a bankruptcy attorney can help you examine your debts, income and assets to determine which chapter of the Bankruptcy Code is right for you.
Chapter 13 is a reorganization bankruptcy and chapter 7 is a liquidation bankruptcy.
Chapter 7 bankruptcy is more common and works for debtors that have little to no income and assets and provides a quick wipe out of your eligible debts.
Chapter 13 bankruptcy lasts for three to five years and under this chapter of the bankruptcy code you will enter into a debt repayment plan with your creditors to repay a portion of your debts.