Understand Your Rights in Chapter 7 and Chapter 13 Bankruptcy
After you have made the decision to file for Chapter 7 or Chapter 13 bankruptcy protection, you need know your debtor rights under bankruptcy law in New York and the United States and how it applies to your individual circumstances. What can creditors do now that you have filed for bankruptcy protection? Are you allowed to keep your home, car or other assets? What about building credit after your debts have been discharged?
At the Law Offices of Nathan Erlich, P.C., we can help you get the debt relief that you need while protecting your rights through vigorous representation. Since 1992, our firm has helped individuals in the state of New York file for bankruptcy, prevent foreclosure proceedings, stop creditor harassment and find fresh starts to their financial lives. Lawyer Nathan Erlich and the rest of our attorneys and staff are committed to finding successful resolutions for all of our clients.
Contact our firm to learn more and to schedule a free initial consultation at one of our offices throughout the Five Boroughs of New York City, including our main office in Forest Hills, Queens.
Bankruptcy Rights That You Should Know
When you are dealing with overwhelming amounts of debt, it can seem like you have no options and no rights to anything except having to deal with your financial difficulties. You do have rights, however, and they include the right to
- Keep exempt assets under Chapter 7 bankruptcy and potentially keep any assets under Chapter 13 bankruptcy, provided that your repayment plan is completed.
- Keep up to $50,000 worth of equity in a home if you file for Chapter 7 bankruptcy protection. You may also keep your home under Chapter 13 bankruptcy.
- Stop wage garnishments and release frozen bank accounts that are part of debt judgments against you.
- Stop foreclosure proceedings against your home.
- Stop creditor harassment and collection activities, including phone calls, letters and e-mails
Filing for bankruptcy can be a complicated process and making sure that it is completed correctly is crucial for effective debt relief. At our firm, we can make sure that all filings related to your bankruptcy are prepared and filed properly.
Contact the Law Offices of Nathan Erlich, P.C.
Get the answers you need and the personal service you deserve at the Law Offices of Nathan Erlich, P.C., in New York City. Contact our firm to schedule a free initial consultation and speak with an attorney at no charge. Call toll free to make an appointment at 877-518-7581 and protect your rights in bankruptcy.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
