New York and New Jersey Chapter 7 Bankruptcy Lawyers
The decision to file bankruptcy is usually made after all other options are exhausted. You may have tried to budget, pursued a second job, or worked with credit counselors. When you and your family suffer overwhelming debt, your best option may be bankruptcy. At the Law Offices of Patricia Martin-Gibbons, we offer experienced legal services to protect our clients considering Chapter 7 bankruptcy.
Bankruptcy has the potential to give you and your family the fresh start that you need. Take the first step towards financial security.
Call us at 1-212-962-1031 or contact us by e-mail to arrange a confidential consultation with an experienced attorney.
With the recent collapse in the mortgage market, the rise in unemployment, and the surge in credit card debts, more and more Americans are forced with the difficult decision to file bankruptcy. If you are faced with creditor harassment and feel that you cannot recover from overwhelming debt, it is important to remember that you have rights, and you have options.
Our attorneys can assist with debt relief to:
- Eliminate unsecured debt
- Prevent the foreclosure of a home
- Stop creditor harassment
- Protect retirement savings
Chapter 7 Bankruptcy and Your rights
Chapter 7 is often known as debt elimination or asset liquidation. In a Chapter 7, you are required to sell your non-exempt assets to pay creditors. Certain assets and equities are protected from sale, and we will protect these exempt assets. Following the sale, your remaining dischargeable debt is discharged. Certain debts are non-dischargeable, including student loans, child support and alimony, and most tax debt.
If you are a homeowner and are eligible to file for Chapter 7, you may be able to work with your bankruptcy trustee and mortgage company to keep your home. Our legal team will help you draft and file an initial petition. We ensure any exempt assets or equity are protected. We represent your interests through the liquidation of your non-exempt assets and the final discharge of debts.
Contact us today to schedule an initial consultation by calling 212-962-1031 or 212-553-9167.
Major credit cards accepted · Evening and weekends available by appointment · Located conveniently in the Historic Woolworth Building across from City Hall
