Top Franklin Square, NY Chapter 13 Bankruptcy Lawyers Near You
200 Park Avenue, New York, NY 10166
Chapter 13 Bankruptcy Lawyers | Serving Franklin Square, NY
90 Merrick Ave, Suite 700, East Meadow, NY 11554
1271 Ave of the Americas, New York, NY 10020
1251 6th Ave, 37th Fl., New York, NY 10020
350 5th Ave, Suite 4640, New York, NY 10118
2420 Jackson Ave, Long Island City, NY 11101
445 Broadhollow Rd, Suite cl-10, Melville, NY 11747
60 East 42nd Street, Suite 2200, New York, NY 10165
534 Broadhollow Rd, Suite 100, Melville, NY 11747
1700 Broadway, 33rd Floor, New York, NY 10019
370 Lexington Ave, Suite 505, New York, NY 10017
40 Marcus Drive, Suite 200, Melville, NY 11747
2 Park Ave, Suite 1802, New York, NY 10016
155 E 44th St, 25th Floor, New York, NY 10017
250 Greenwich Street, Suite 4639, New York, NY 10006
11 Times Square, 34th Floor, New York, NY 10036
1 World Trade Center, Suite 8500, New York, NY 10007
1795 Coney Island Avenue, 3rd Floor, Brooklyn, NY 11230
Chapter 13 Bankruptcy Lawyers | Serving Franklin Square, NY
250 Park Avenue, 7th Floor, New York, NY 10177
33 Mott Street, Suite 16, New York, NY 10013
90 Park Avenue, New York, NY 10016-1314
40 Wall Street, 54th Floor, New York, NY 10005
1114 Avenue of the Americas, The Grace Building, New York, NY 10036
420 Lexington Avenue, Suite 400, New York, NY 10170
225 W 34th St., 9th Floor, New York, NY 10122
Franklin Square Chapter 13 Bankruptcy Information
Lead Counsel Verified Attorneys in Franklin Square
Lead Counsel independently verifies Chapter 13 Bankruptcy attorneys in Franklin Square 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 Chapter 13 Bankruptcy?
Chapter 13 bankruptcy reorganizes your debts with a repayment plan to help you get a new start. Chapter 13 is known as a “wage earner’s bankruptcy,” where you use your income and assets to make payments over three to five years under the payment plan. Chapter 13 filing puts a stop to collection actions, including foreclosure. After making the necessary payments, your dischargeable debts are cleared.
What Are Some Examples of Situations Where I Might Need a Chapter 13 Bankruptcy Lawyer?
Many people struggle to decide between filing a Chapter 13 or Chapter 7 bankruptcy filing. A Chapter 13 filing may be more beneficial for you if you:
- Are employed and earning money
- Own a home but are behind on mortgage payments
- Earn too much income to qualify for a Chapter 7 filing
- Want to hold onto more of your most valuable assets, like a business
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 Illinois’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 Chicago?
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 Illinois?
- 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