Are you living with the worries that come with seemingly insurmountable debt? My Brooklyn law firm can help you find a way out of debt through Chapter 7 bankruptcy. With Chapter 7 bankruptcy, you can eliminate your debt and start anew on your finances.
I understand that if you are contemplating bankruptcy, you might think you cannot afford a lawyer. I offer payment plans to all Chapter 7 bankruptcy clients. Call a Brooklyn Chapter 7 bankruptcy lawyer today at (718)263-6800 for a free initial consultation.
Bankruptcy Means Test
Bankruptcy laws have changed in the past five years. It is more difficult to qualify for Chapter 7 bankruptcy under the current laws. However, with help from a skilled and dedicated attorney, it is still entirely possible.
Under current bankruptcy laws, you will be required to undergo a bankruptcy means test. The test considers your income relative to the median income of New York State residents. If you make “too much” money, you will not qualify.
My law firm can answer your questions about the Chapter 7 bankruptcy means test. I have been successful in helping many people qualify for Chapter 7 bankruptcy, despite the strict changes to the law.
How Does It Work?
Chapter 7 bankruptcy is debt liquidation bankruptcy. Your assets are sold, with the proceeds going to pay off your creditors. This can sound very frightening to most people. It is important to note that you will not lose all your property and assets. You may be able to save your home, your vehicle, your retirement funds and other valuable assets. I can help you understand your exemptions and eliminate your fears about losing everything.
There are several steps involved in bankruptcy filing ― the means test and debt liquidation are two of the most important steps. My law firm can walk you through all the processes, handle all meetings of the creditors and perform all document work. At the end of the bankruptcy process, you can start over fresh on your finances.
For experienced and affordable representation in a Chapter 7 bankruptcy, contact me to schedule a free initial consultation. My offices are open from 10 a.m. until 5 p.m., Monday through Friday, and evening and weekend appointments are available upon request. I offer payment plans for bankruptcy clients.
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