Chapter 7 Bankruptcy

Chapter 7 is often referred to as "liquidation." In a Chapter 7, your credit card debt, medical bills and other debt is discharged, which means forgiven. You also get to keep your exempt assets. Any non-exempt asset can then be sold by your Chapter 7 trustee.

In some cases it is even possible to keep your house or your car, depending on their value and your commitment to making timely payments moving forward.

Attorney Schneider can help you determine what bankruptcy laws apply to your situation, and how you can best position yourself to file.

Contact The Law Offices of Scott R. Schneider today

For assistance from our Bankruptcy Lawyers and Bankruptcy Attorneys with New York bankruptcy, foreclosure or debt resolution of any kind, contact The Law Offices of Scott R. Schneider today.