Chapter 7 Bankruptcy

Chapter 7 Bankruptcy is the simplest and quickest way to file. It is aimed to serve the needs of those who are struggling with unmanageable debt, but who do not own assets that require protection from creditors. Once you file for for Chapter 7, your debts can be cancelled in a relatively brief period of time, with the assets that you do possess being sold in order to provide funding for the repayment of creditors.

New York Bankruptcy Attorney

helpJohn Weber & Associates PC understand the financial pressure that you are feeling with the current economic climate. The stress can take a toll on your health, your relationships, and your work environment. With have been helping individuals for years to put burdensome debt behind them. Chapter 7 is a very easy and inexpensive option to discharging unsecured debt such as credit cards, medical bills, unsecured loans, and some tax debt and halting foreclosures, repossessions, and harassment.

When should I consider Chapter 7 Bankruptcy?

Chapter 7 is the quickest and easiest form of bankruptcy. It might be the best option for you if:

  • Creditors are constantly calling you at home or work
  • You’ve fallen behind on credit card payments
  • The balance on your credit cards are increasing rapidly
  • The interest rates on your credit cards have increased due to late payment
  • You can no longer afford the increased monthly minimums on your credit cards
  • You can cover your monthly living expenses, but don’t have enough left over to get caught up
  • You are unable to make enough to save for retirement
  • You are considering borrowing against your 401K to make ends meet
  • You are considering a home equity loan to help pay creditors
  • The financial stress is tearing your marriage apart

The stress of these financial pressures doesn’t have to dominate your life. We can help you to take the next step in recovery.

For a free initial consultation call John Weber and Associates PC at (631) 321-6065 or (718) 748-0432 or simply fill out the form to the right for a prompt reply.