Queens Chapter 7 Bankruptcy Attorney Helps You Get a Fresh Start
Skilled legal guidance in a judgment-free environment
With high unemployment and underemployment and skyrocketing costs, it is not surprising that so many NYC families and individuals struggle with credit card debt and bills and face foreclosure on their mortgages. More than ever for financially strapped residents in Queens, Chapter 7 bankruptcy may be just the solution. Mark E. Cohen, Esq. is here for you.
As a longtime Queens debt relief lawyer, I help clients determine whether bankruptcy is the right choice, whether they qualify, and which type of bankruptcy to seek.
What is Chapter 7 bankruptcy?
Chapter 7 bankruptcy allows you to liquidate your debt and start with a clean slate. Sometimes a better option is Chapter 13 bankruptcy, which requires a debt payment plan and provides the debtor government protection.
First, you must qualify for a Chapter 7 filing by meeting government income and debt requirements by passing what is known as the means test. Understanding the means test in Queens is fairly straightforward. I help you gather the information required and run it through the means test calculator.
If you qualify for Chapter 7 bankruptcy, you discharge your debt in exchange for turning over designated belongings to the Chapter 7 trustee appointed by the court. These assets are used to pay your debts to creditors. Some property is exempt from bankruptcy. Numerous factors impact a trustee’s decision regarding which assets to sell. I help clients present a complete picture of their finances and negotiate with creditors for the best possible outcome.
Every question is answered, and the process is thoroughly explained
I review your unique situation and help you make an informed choice about whether and how to proceed. Clients count on my experience to guide them through the entire process – from considering the best course of action through final resolution of the bankruptcy – even if it takes months or years.
Remember, comprehensive Chapter 7 bankruptcy help is available. If you are in financial trouble or are contemplating Chapter 7 bankruptcy, it is essential that you speak to a qualified Queens bankruptcy attorney who knows your options under the bankruptcy laws.
For more information, please see my answers to Frequently Asked Questions about Chapter 7 Bankruptcy in Queens.
To ease the stress of overwhelming debt, call a Queens Chapter 7 bankruptcy lawyer
All too often, good people find themselves in financial trouble that quickly spirals out of control. For more than 30 years, I have helped people like you understand the available options, make informed decisions and navigate through the complex process of filing for bankruptcy.
Located on Old Country Road in Westbury, I offer a wide range of services to individuals and families suffering from the weight of debt. Call Mark E. Cohen, Esq. at 718-487-9979 or contact me online to schedule a free consultation.