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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420 Lexington Avenue, Suite 2104, New York, NY 10170
200 Park Avenue, New York, NY 10166
150 E 42nd St, New York, NY 10017-5639
160H Dinsmore Street, Staten Island, NY 10314
445 Park Avenue, Ninth Floor, New York, NY 10022
45 Rockefeller Plaza, Suite 2000, New York, NY 10111
7 Times Sq, 44th Floor, New York, NY 10036
1211 6th Ave, 26th Floor, New York, NY 10036
135 Pinelawn Rd, Suite 250N, Melville, NY 11747-4901
55 West 46th Street, New York, NY 10036-4120
1131 Route 55, Suite 6, Lagrangeville, NY 12540
875 3rd Ave, 21st Floor, New York, NY 10022
100 Park Ave, 16th Floor, New York, NY 10017
230 Park Avenue, Suite 1130, New York, NY 10169
60 E 42nd St, 40th Floor, New York, NY 10165
101 Park Avenue, 17th Floor, New York, NY 10178
250 Park Avenue, Suite 1508, 7th Floor, New York, NY 10171
80 Broad St Fl 23rd, New York, NY 10004
7 Times Square, 21st Floor, New York, NY 10036
485 Madison Avenue, 20th Floor, New York, NY 10022
225 Broadway, Suite 1900, New York, NY 10007
1251 Avenue of Americas, New York, NY 10020
1185 Avenue of the Americas, Suite 3400, New York, NY 10036-4003
1350 Broadway, 11th Floor, New York, NY 10018
Brooklyn Business Bankruptcy Information
Lead Counsel Verified Attorneys in Brooklyn
Lead Counsel independently verifies Business Bankruptcy attorneys in Brooklyn and checks their standing with New York bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is Bankruptcy Law?
The bankruptcy process allows people to either eliminate debts or create a plan to repay them over time. It offers you a fresh start if you are struggling financially while ensuring your creditors are treated fairly. Bankruptcy law governs the bankruptcy process. There are different types of bankruptcy, like Chapter 7 and Chapter 13, each with its own rules and processes. Bankruptcy lawyers guide you through these complex procedures to protect your rights and get the best possible outcome.
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.
What Are Some Examples of Situations Where I Might Need a Bankruptcy Lawyer?
You might need a bankruptcy lawyer if:
- You’re feeling overwhelmed by debt and unable to keep up with payments
- Creditors are constantly harassing you
- You are facing foreclosure on your home or repossession of your car
- Your wages are being garnished, or you have received a notice of a lawsuit from a creditor
- Your small business is struggling financially, and you need to restructure or liquidate
How Can a Lawyer Help Me With Bankruptcy?
An experienced bankruptcy lawyer can give you the knowledge and backing you need to navigate the legal system and find the best possible results for you. Because laws regarding bankruptcy exemptions and the property you can keep vary from state to state, speaking with a lawyer near you with knowledge of New York’s laws is critical in understanding your situation and making the best decisions. A bankruptcy lawyer can help with:
- Legal advice and counsel
- Negotiating with creditors
- Filing legal motions and taking care of administrative duties
- Improving your chances of keeping your assets and getting everything settled favorably
What Could Happen if I Don’t Hire a Bankruptcy Lawyer?
Not hiring a bankruptcy lawyer can lead to costly errors and prolonged financial stress. If you don’t hire a bankruptcy lawyer, you might make mistakes in the bankruptcy process. These mistakes could lead to your case being dismissed. Without a lawyer’s guidance, you could miss out on important protections, such as stopping creditor harassment or preventing foreclosure. You might also choose the wrong type of bankruptcy, resulting in more financial trouble. Handling bankruptcy alone increases the risk of losing assets you could have kept and wanted to keep. Additionally, you may struggle to negotiate with creditors without a lawyer. This makes it harder to achieve a manageable debt repayment plan or discharge.
What Questions Should I Ask When Trying To Find a Bankruptcy Lawyer in Brooklyn?
These questions can help you decide if you feel confident that a lawyer has the qualifications, experience, and ability to manage your case well. Many lawyers offer free consultations that allow you to understand your options and get specific legal advice before hiring them. Top questions include:
- What is your experience in handling bankruptcy cases? Have you managed cases like mine? What was the outcome of these cases?
- Do you have experience resolving issues like this in New York?
- What is your approach to handling bankruptcy cases?
- What is your record in negotiating favorable debt repayment plans?
- How do you communicate with clients about the progress of their cases?
- How much input will I have about the case strategy?
- What are your fees and billing structure?
Tips for Hiring a Bankruptcy Lawyer
Finding a lawyer who is right for you and will represent your best interests is an important first step in protecting your rights. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts