Chapter 7 Consumer Bankruptcy
People throughout New York struggle with debt every day. Whether you are going through a divorce, have suffered a catastrophic illness, or you are dealing with long-term unemployment, there are ways to obtain debt relief. At the Law Office of Ronald V. De Caprio, we can help you take a look at your consumer bankruptcy options and find a plan that gives you and your family a fresh start.
Are you unable to pay off your credit cards, mortgage, and other monthly bills? You may be able to wipe out most of your debts with Chapter 7 bankruptcy. Through a liquidation based plan, the bankruptcy court may allow you to discharge outstanding medical bills, credit card debt, and more. You could be debt free within three to five months after filing for Chapter 7 bankruptcy.
It is also important to realize that bankruptcy is a sacrifice. You may have to give something up and spend less money in order to get the relief you deserve. We will help you prioritize your finances, so you can provide food, clothes, and a home for your family. Once we have come up with a personal financial plan that works for you and your family, we can take care of your creditors.
At the end of the Chapter 7 bankruptcy process, your creditors’ debts may be discharged, but those debts will be on your credit report for the next 10 years. Anyone who reviews your credit report will see it, but your creditors will be prevented from collecting any debts against you.
We have been helping people throughout the debt relief process for over a decade. If you think the Chapter 7 bankruptcy process may be right for you, our attorneys are ready to help you explore your options. Call (845) 406-4201 (toll free (866) 936-8113) or contact us online to schedule a consultation.