Top Brooklyn, NY Business Bankruptcy Lawyers Near You
Business Bankruptcy Lawyers | Serving Brooklyn, NY
400 Jericho Turnpike, Suite 226, Jericho, NY 11753
Those confronted with Business Bankruptcy issues can connect with Law Office Of Bradley D. Schnur, Esq. P.C.. This practice offers legal help to clients in the Brooklyn, New York area.
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100 Park Ave, 16th Floor, New York, NY 10017
600 Third Avenue, 25th Floor, New York, NY 10016
287 Park Avenue South, Suite 213, New York, NY 10010
909 Third Avenue, 27th Floor, New York, NY 10022
711 3rd Ave, 14th Floor, New York, NY 10017
1177 Avenue of the Americas, 41st Floor, New York, NY 10036-2714
260 W 26th St., Suite 7Q, New York, NY 10001
7 Times Square, 40th Floor, New York, NY 10036
675 Old Country Rd, Westbury, NY 11590
60 E 42nd St, 40th Floor, New York, NY 10165
230 Park Avenue, Suite 1130, New York, NY 10169
101 Park Avenue, 17th Floor, New York, NY 10178
520 White Plains Road, Suite 500, Tarrytown, NY 10591
601 Lexington Avenue, New York, NY 10022
1185 Avenue of the Americas, Suite 3400, New York, NY 10036-4003
12 East 49th St, New York, NY 10017
250 Park Ave, 7th Floor, Suite 7002, New York, NY 10177
1350 Broadway, 11th Floor, New York, NY 10018
462 7th Ave, Floor 6, New York, NY 10018
40 Wall St, 49th Floor, New York, NY 10005
45 Rockefeller Plaza, New York, NY 10111-0100
600 Old Country Road, Room 410, Garden City, NY 11530
950 Third Ave, Suite 2400, New York, NY 10022
160H Dinsmore Street, Staten Island, NY 10314
Brooklyn Business Bankruptcy Information
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What Is Bankruptcy?
Bankruptcy is a legal process that allows people to get out from under debts that are causing serious financial harm. Through the bankruptcy process, you may be able to get rid of debts like medical bills, credit card bills, and other unsecured debts. Factors such as your income and whether you have assets that you can sell to pay off some of the debts are taken into account when filing for bankruptcy and will determine what happens.
What Happens When I File for Bankruptcy?
When you file for bankruptcy, you will be under a federal bankruptcy court’s supervision and protection. During this time, you, your lawyer, the court, and your creditors will work on a plan for discharging your eligible debts. Collectors will also be unable to repossess property and garnish your wages or bank accounts during this time.
How Much Does It Cost To File for Bankruptcy?
There is no easy answer to this question. The ultimate cost will be a mix of court filing fees and what you owe your attorney for guiding you through the process. What you owe will depend on how complicated your case is and whether there are any prolonged disputes with creditors. Most likely, however, the debt relief that comes with bankruptcy will outweigh any fees.
How Long Does Bankruptcy Stay on Your Credit Report?
A Chapter 7 bankruptcy filing will stay on your credit report for up to 10 years, while a Chapter 13 will remain for up to seven years. A bankruptcy filing will also harm your credit score. However, if you need to file for bankruptcy, it’s likely your score is not that high anyway, and your bankruptcy will give you a chance at a fresh start and time to rebuild your credit score.