We help New Yorkers file Chapter 7 bankruptcy

On Behalf of | Dec 12, 2022 | Chapter 7 |

As it looks more and more likely that the economy is headed for a recession, debt struggles are back in the news. People are once again talking about their financial struggles, and bankruptcy, especially Chapter 7 bankruptcy, is back in the headlines of Long Island and Westchester County news sources. And, we help New Yorkers file Chapter 7 bankruptcy.

Free initial consultation

At the law firm of Jeffrey M. Rosenblum, P.C., we understand that you are struggling, looking for a way out of debt. You are tired of juggling your finances and dodging daily harassing phone calls. You just want to sleep without worry. We understand it, and this is why we offer free initial consultations. We want to understand your unique financial situation to help you decide your best debt solution, whether that includes a bankruptcy filing or not.

Chapter 7 filing

If you decide that bankruptcy is the best option, it is likely you will choose Chapter 7 bankruptcy. While you must meet income and expense requirements to qualify, it will immediately stop those harassing creditor calls and any court filings against you. And, after about 3 months, you can start your new financial life with discharged debts.

Medical debt

If you are fighting medical debt that is yours or your family’s, Chapter 7 can eliminate this as well. And, you are not alone. It is the leading cause of debt in the United States.

Chapter 7 is not perfect

Unfortunately, Chapter 7 bankruptcy is not perfect. First, student loans are exceedingly hard to discharge until you are disabled. Recent income tax debts and child support also cannot be discharged. And, if you have a high income or a lot of assets, you may not qualify for Chapter 7 bankruptcy. Either way though, at the law firm of Jeffrey M. Rosenblum, P.C., it is our job is to find you a solution. We are here to help.

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