Brooklyn Bankruptcy Lawyer

If credit card debt, medical bills and other debt has gotten to an unmanageable level, filing for bankruptcy under Chapter 7 of the Bankruptcy Code may be an option. Chapter 7 bankruptcy enables consumers just like you to get a fresh financial start. At the Law Offices of David I. Pankin, P.C., we help clients understand their rights and options for obtaining debt relief. Contact our Brooklyn bankruptcy law firm to schedule a FREE in-depth consultation with an experienced attorney.

Chapter 7 Bankruptcy Help in Brooklyn, New York

Chapter 7 bankruptcy is a legal remedy to stop collections, stop harassing phone calls from creditors and discharge eligible debt. After a thorough review of your income and financial situation, we can help you determine if you are eligible to file Chapter 7 bankruptcy under the new bankruptcy laws.

If you are eligible for Chapter 7 bankruptcy, the following debt obligations may be legally released or discharged (meaning you will not have to pay these debts back):

• Unsecured loan obligations (loans not held by property such as a car)
• Interest accrued on defaulted loans
• Medical bills
• Certain outdated tax obligations
• Credit card balances
• Court judgments
• Other debt obligations

In a Chapter 7 bankruptcy proceeding, there will be a liquidation of some of your assets in order to pay certain creditors. However, contrary to common belief, you are still capable of keeping many of your assets in a Chapter 7 bankruptcy.

If, after a thorough analysis of your income and assets, it is determined that you are not eligible for Chapter 7 bankruptcy, our experienced bankruptcy lawyer can guide you through Chapter 13 bankruptcy.

Dedicated to protecting YOUR rights

Our Brooklyn law firm provides a thorough, free, in-depth consultation so that you completely understand the bankruptcy process, as well as the options available to you. We understand the apprehension many clients have about filing for bankruptcy and are here to help alleviate this strain. Our firm is committed to helping clients obtain a fresh start. Contact our Brooklyn bankruptcy attorney by phone at 866-372-0591 to arrange for your FREE in-depth initial consultation.