Long Island Bankruptcy Attorney
Over 30 Years of Collective Experience in Bankruptcy Law
In recent years millions of Americans have found much needed debt relief through filing for bankruptcy protection. If you have found yourself in the situation where you are struggling with crushing debt that you cannot afford to repay, then you are not alone. In these troubling economic times, countless individuals, couples, businesses and families are finding themselves adversely affected by situations that are completely out of their control. Such situations that render millions of Americans helpless to make any sizeable dent in their mounting debts include: economic conditions, unemployment, divorce, medical expenses, illness or injuries, and underwater mortgages to name a few.
Does any of this sound familiar to you? If so, then we strongly urge you to contact The Law Offices of Scupp & Berman, LLP as soon as possible. Our firm has been honored to assist clients all throughout Suffolk and Nassau Counties for more than two decades, and we welcome the opportunity to help you. Our lengthy tenure in the field of bankruptcy law has given us a comprehensive understanding of New York bankruptcy laws as they pertain to individuals, married couples and businesses, and we have learned how to use these laws to our clients' greatest advantage.
There is no doubt that if you are contemplating filing for bankruptcy, you are probably under a great deal of pressure already. Regardless if you have lost your job or if your house is upside-down, the bills continue to keep rolling in and piling up. We find that for most individuals they tend to reach a breaking point, a point where they have an important decision to make about their finances and their future. While perhaps the most difficult part of filing for bankruptcy is actually arriving at the decision to take the plunge, filing for bankruptcy can have immeasurable benefits for those who really need it and this cannot be stressed enough.
It's important to realize that your bill collectors and your creditors will not take your decision to file for bankruptcy personally, so why should you? One of the greatest mistakes that people make is failing to file bankruptcy when they would truly benefit from doing so, and when this happens it can take decades to chip away at their debt and repair their credit. Filing for bankruptcy can offer debtors the fresh start they are looking for, and it can provide the opportunity to begin rebuilding their credit once their bankruptcy has been discharged, and this can be a remarkable feeling.
Bankruptcy Attorney Serving Long Island, New York
After working in bankruptcy law for over two decades on Long Island, we have come to realize just how easy it is for people to lose control of their finances and become overwhelmed by these debts. Even the most savvy of businessmen, the hardest of workers, and the most productive and honest citizens find themselves in bad situations arising from accidents, injuries, illness, a sudden job loss, a death in the family, or a divorce. It's not uncommon for the mounting stress tied into auto loans, home loans, personal loans, credit card debt and past-due utility bills to cause anxiety, depression and too many sleepless nights for the debtor. These stresses are only compounded when the debtor fears that any one or more of the following might happen to them:
- Fear they will be removed from their home (either by an eviction or a foreclosure);
- Fear their wages will be garnished;
- Fear their utilities will be shut off;
- Fear that their car will be repossessed;
- Fear their bank account will be levied or frozen; and
- Fear that lawsuits will be filed against them by their creditors' attorneys.
Living in constant fear of what will happen next is no way to live. When you have less income coming in than what is going out, or significantly less income coming in than your monthly obligations, then you can only expect the situation to snowball out of control eventually. Fortunately, there is light at the end of the tunnel and there is always something that you can do about your situation.
Bankruptcy law is designed specifically for people in these types of situations and there is absolutely no shame in coming to the realization that filing for bankruptcy is the first step towards resolving your problems once and for all. If you are in between a rock and a hard place, we would like to offer a lending hand. For more than two decades we have been helping people just like you and we can honestly say that we have seen it all, and nothing takes us by surprise anymore.
We invite you to contact a bankruptcy attorney from our firm to schedule a free case evaluation. Once we meet with you in a private, one-on-one consultation, we will be able to closely review your situation and make a determination as to which type of bankruptcy is right for you, whether it be a Chapter 7, a
Chapter 13, or a
Chapter 11. We want you to enjoy your life once again free from financial stress and unnecessary burdens. There is no logical reason why anybody should continue chipping away at debt that would take many years to repay or that could never realistically be repaid.
Changes to New York Bankruptcy Exemptions
On December 23, 2010 a new law was passed that made significant changes to New York State bankruptcy exemptions. For example, the Homestead Exemption was amended thus adding additional exemptions for those filing for bankruptcy in the future. The changes provided a cost of living allowance and a choice between either New York State exemptions or the federal exemptions. Also, the real estate exemption went from $50,000 per person in New York to $150,000 in downstate New York, $125,000 in Dutchess, Albany, Columbia and several other counties, as well as $75,000 for all other New York counties. Married couples who file jointly will have $150,000 in exemptions for their home when filing a Chapter 7 or Chapter 13 bankruptcy. What's more, the newly amended law provides for numerous other bankruptcy exemptions and exemption increases for jewelry, trade tools, and motor vehicles among others.
Give Yourself the Fresh Start You Deserve
Bankruptcy offers many individuals and businesses the critical opportunity to obtain the fresh start that they are searching for. It also allows people to get a second chance at a new beginning. With over twenty years of experience helping people resolve their debt issues once and for all, we are more than qualified to provide you with all the information you need to make a sound and educated decision about your finances. Once you have met with us in person and we have closely reviewed your situation, we can give you honest and forthright advice about how best to proceed forward. You can actually breathe easier knowing that you are taking the reins to your financial future and that you are doing something about it once and for all.
With over 30 years of collective experience in bankruptcy law, we have successfully handled thousands of bankruptcy cases over the years and helped our clients regain their financial security. In an effort to make things as easy as possible, we gladly offer a free consultation where you can meet with us directly in order to discuss your potential options for a Chapter 7, Chapter 13, or a Chapter 11 bankruptcy filing. We are also here to answer any of your frequently asked questions and to dispel any
bankruptcy myths that you might have heard over the years that prevent people from filing for bankruptcy, or that lead to common
We will also go over the bankruptcy process, including the
bankruptcy timeline. We will also explain the
benefits of bankruptcy, as well as any
bankruptcy alternatives that you may want to consider instead of filing for bankruptcy. We take these matters very seriously and will do our best to provide you with all the information you need to make the most reasonable and workable decision about what to do next. If you are struggling with overwhelming debt, we strongly suggest that you do not hesitate to contact an attorney from The Law Offices of Scupp & Berman, LLP. With over 30 years of collective experience, we are confident that we have the knowledge and experience that you are looking for in a qualified and reputable law firm.
Contact us today to schedule your free initial case evaluation, we are here to help and guide you every step of the way so you can finally look forward to a brighter, more promising financial future.
We proudly serve the residents of Long Island including Suffolk County, Nassau County, Great Neck, Hempstead and Garden City.