Chapter 7 Bankruptcy Can Give You a Fresh Start
Contact us now at 718-414-6187 to find out how to resolve your legal problems with the help of an experienced lawyer.
- Are you unable to keep up with high interest credit card bills?
- Have you grown tired of harassing phone calls from creditors?
- Do you have few assets and a limited income?
Chapter 7 bankruptcy can provide you with a fresh financial start by eliminating a majority of your debt. Speaking with an experienced attorney can help you determine if Chapter 7 is the right option for you.
At Park & Nguyen, we help our clients develop an individualized plan for debt relief. With more than 25 years of combined experience handling Chapter 7 bankruptcy cases, our attorneys offer sound advice about eligibly and options. To schedule a free telephone consultation at our offices in the Bronx, on Long Island, or in Jersey City, contact us at 718-414-6187.
What is Chapter 7 Bankruptcy?
Chapter 7 bankruptcy is one of four main chapters in the United States bankruptcy code. Chapter 7 bankruptcy is for individuals with very little or no assets and an income at or below the federal median income guideline. In Chapter 7 bankruptcy, the proceeds from a sale of the debtor's non-exempt property are used to resolve their debts. Any remaining debt balance is typically forgiven and the person is usually able to keep their car, home and furnishings.
Chapter 7 bankruptcy can be a viable option for those who have become overwhelmed by credit card debt. Although filing for bankruptcy can affect your credit in the short term, it should not stop you from qualifying for credit in the future.
For answers to frequently asked questions, please visit our Chapter 7 Bankruptcy FAQ.
The Advantage of Hiring a Knowledgeable Lawyer
You may have seen advertisements for various document services willing to handle your Chapter 7 or Chapter 13 bankruptcy paperwork. While they may complete your documents accurately, they will not be by your side in bankruptcy court. They will also not be there to protect your best interests.
At Park & Nguyen, we offer support from day one through the completion of the process. Bankruptcy can be a scary time. We understand your fears and will provide you with solid advice, meticulous document preparation and dedicated courtroom representation.
Contact Park & Nguyen
We offer reasonable rates and flexible payment plans to our Chapter 7 bankruptcy clients. Contact us to learn more about your debt liquidation options.
We are a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code.
