The Bankruptcy Process in Queens
Queens Bankruptcy Attorney
There are many steps involved in the bankruptcy process that you should become familiar with before filing a petition. A Queens bankruptcy attorney can explain the procedures and administer the means test, which will determine your qualifications for Chapter 7, the liquidation of non-exempt assets. Once your property has been sold, the proceeds will be distributed to creditors and any remaining debts will be discharged. If the means test shows that you have sufficient disposable income to pay back the money you owe, you will be required to file for bankruptcy under Chapter 13, the restructuring of creditor payment plans. Before your petition can be filed, you must complete a credit counseling class from a government-approved organization. These classes are usually conducted by phone or over the Internet. As soon as the court receives your petition, an automatic stay will be issued by the court that will stop:
A hearing will be held where your petition will be reviewed and creditors can respond to the filing. You must also take a financial management class before your case is officially concluded. Blutter & Blutter is a skilled bankruptcy law firm that can explain the process in detail, administer the means test and help prepare your bankruptcy petition. They will make sure that any relevant bankruptcy procedures are followed, and can even counsel you on how to prepare for life after bankruptcy.
Getting Back in Control of Your Finances
Bankruptcy can eliminate your debts and give you a fresh start. The firm has many decades of experience representing clients in Chapter 7, Chapter 11 and Chapter 13 bankruptcy cases, and is intimately familiar with bankruptcy laws and procedures. An attorney from the firm will manage all aspects of your case, and can be depended on for committed and aggressive advocacy. They service clients in Nassau, Suffolk, Queens and Kings counties.
Contact a Queens bankruptcy lawyer for effective legal representation if you intend to file for bankruptcy.