Grady BK, PLLC Blog
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What Will I Lose in a Chapter 13 Bankruptcy?
Those unfamiliar with bankruptcy may picture officials coming to repossess their vehicle or home; however, filing for Chapter 13 bankruptcy relief actually allows you to retain your possessions while you gradually pay back a percent of the debt you owe. Talk to an attorney today to learn more.
What Types of Debt Get Discharged in Chapter 7 Bankruptcy?
Under Chapter 7 bankruptcy, most unsecured debts can be discharged, such as medical bills and credit card debt. Call a compassionate and experienced bankruptcy attorney today to learn more.
Things to Consider Before Filing for Chapter 13 Bankruptcy in New York
Filing for Chapter 13 bankruptcy is nothing to feel ashamed about—it can give you the relief and stability you need to obtain the fresh financial start you need. Call a trusted bankruptcy attorney today to learn more.
The Differences Between Chapter 7 and Chapter 13 Bankruptcy in New York
Under Chapter 7 bankruptcy, you can seek to have certain debts discharged (wiped away) within a relatively short period of time. Chapter 13 bankruptcy relief helps debtors who have a steady source of income gradually repay a percent of their debt over a 3 to 5 year period. Discuss your options with a bankruptcy lawyer today.
Common Questions About New York Chapter 13 Bankruptcy
The goal of Chapter 13 bankruptcy is to allow debtors to pay back a percent of unsecured debt and secured debt arrears over time, allowing them to keep secured assets within their possession. Talk to a trusted bankruptcy attorney to discuss your options.
What Property Can I Keep in a New York Chapter 7 Bankruptcy?
Chapter 7 bankruptcy relief can offer you a path forward to a brighter financial future, and you can still keep most types of property even after filing for bankruptcy. Call an attorney today to learn more.
What is Chapter 13 Bankruptcy in New York?
When you file a Chapter 13 bankruptcy, you create a 3-5 year repayment plan to the creditors, which allows you to keep your secured assets while you gradually repay a percentage of the debt you owe. Call a trusted bankruptcy attorney today to learn more.
Steps to Take Before Filing for Chapter 7 Bankruptcy in New York
Filing for Chapter 7 bankruptcy relief may be the best way to achieve the fresh financial start that you need to move forward with confidence. Enlist the guidance of an experienced bankruptcy attorney to help you navigate the process successfully.