If you are struggling to pay your bills and make ends meet, you aren’t alone. Millions of Americans have financial difficulties at some time or another. When you have serious money problems, you may want to consider bankruptcy in New York, NY. An experienced bankruptcy attorney in New York will answer your questions and help guide the process to make it as simple as possible. At the Law Office of William W. Waldner, we are here to assist you with the options available to you during this stressful time.
What is Bankruptcy?
Bankruptcy is a legal option that gives you a way to resolve your financial problems and get a fresh start. There are two main types of bankruptcy available to consumers, including Chapter 7 and Chapter 13. Chapter 7 is the most common type and involves the liquidation of your assets to resolve your debts. Chapter 13 allows you to consolidate your debts and make monthly payments over some time. The court oversees both types of bankruptcy and provides you with guidelines that you must follow. It is helpful to seek assistance from a bankruptcy attorney in New York.
Advantages of Bankruptcy
Filing bankruptcy allows you to take charge of your financial problems. When you file bankruptcy, it immediately stops creditors from harassing you to demand payment. You will be able to keep some or all of your property, depending on the type of bankruptcy you file. Once you file bankruptcy, you will be ready to start to rebuild your credit. Filing bankruptcy shows that you are taking control of your debt problem and are making changes to handle your funds better. There are many bankruptcy rules in place, so it is best to discuss your needs with a qualified bankruptcy attorney in New York.
Is Bankruptcy the Right Choice for Me?
Bankruptcy may be the best option for those who are facing severe financial difficulties that they can’t resolve any other way. Bankruptcy is common, and it can help you get back on the right path. Money troubles can be the source of excessive stress and can take a toll on all aspects of your life. Bankruptcy can be an excellent resolution for many people. Bankruptcy isn’t always the right answer for everyone, and everyone’s circumstances are unique. Therefore, it is often a good idea to talk to a bankruptcy law firm to learn more about your options.
Help from an Experienced Bankruptcy Attorney in New York
You don’t need to stress over your finances. If you have financial problems, waiting can only make the problem worse. You may be able to resolve your debts with bankruptcy. Our leading New York bankruptcy lawyers have the experience to handle the most complicated financial situations. We are here to assist you every step of the way to help you fix your money troubles. We will answer your questions and provide you with alternatives so you can improve your financial life. Contact the Law Office of William W. Waldner for a free bankruptcy consultation: Email: [email protected]/ Office: (212) 244-2882/ https://www.midtownbankruptcy.com/contact-law-offices-william-waldner/.