In Melville, there are few things worse than financial stress. In addition to the stress of not being able to pay your expenses, you may receive calls from debt collectors or the bank. When confronted with such a circumstance, it is normal to feel as if one has no options. The truth is that the law provides people and corporations with the opportunity for a “new start” through bankruptcy. Obtaining this financial reset, however, is contingent on ensuring that your case is handled correctly.
Our firm is committed to assisting individuals and businesses in obtaining debt relief. We take great delight in assisting our clients to a new and better financial life. We assist homeowners in remaining in their homes, reducing debt, and ending creditor harassment. We handle all types of bankruptcy filings, including Chapter 7, Chapter 11, and Chapter 13.
Depending on how much debt you owe and who you owe it to, your creditors may be ready to “settle” a considerable percentage of your debt without filing for bankruptcy. Creditors understand that if you file bankruptcy, especially Chapter 7, they may never see another penny of your money again. We understand the debt settlement process from start to finish.
On the other side of bankruptcy are creditors, those who are owed money by someone who files a bankruptcy case. In bankruptcy, creditors have the same rights as the debtors who file the case. And they may encounter difficulties if they are paid by a debtor close to the filing of a bankruptcy lawsuit. When there are nonexempt assets or a payment plan in place, it is critical to maximize your claim’s recovery. In addition, if your lien is not being addressed properly in the bankruptcy proceedings, you may need to pursue action on the property. You may also find yourself on the receiving end of a lawsuit from a bankruptcy trustee seeking to recoup money given to you prior to the filing of a bankruptcy case. All of these situations necessitate the representation and protection of qualified attorney.