Long Island Bankruptcy Lawyer

Are you currently considering filing for bankruptcy?

If you are currently struggling financially, you understand the frustration, embarrassment and other emotions associated with debt. As a seasoned law firm serving the residents of Long Island with over two decades of legal experience, we are here to provide you with support and guidance during a difficult period in your life. Here at the Law Offices of Scupp & Berman, LLP, we see families struggling with debt on a daily basis. Our clients come to us with fears of bankruptcy and creditor abuse. In many cases, an individual or a family slips into debt for a variety of reasons, including loss of employment, illness, divorce and even the increase in an adjustable mortgage rate. Despite the reason you have come to our firm for legal advice, we will always be here ready to help individuals just like you.

Bankruptcy Lawyer Serving Suffolk and Nassau Counties

At Scupp & Berman, we understand how daunting it can be to deal with the process of bankruptcy. It is complex and without the necessary amount of legal assistance, it can be easy to feel lost and confused. It is for this reason that this website was created. We encourage all visitors to look around the different pages to get a feel for what they will be facing. Some of the different issues that you will see us discuss within this website includes, but is not limited to, the following topics:

Chapter 7
Also known as "straight liquidation," the process of filing for Chapter 7 bankruptcy allows for a debtor to liquidate their assets to repay off their debt. With the assistance of bankruptcy exemptions, this does not mean that they will lose everything that they own - instead, they will be able to discharge almost all of their debts and walk into a more financially stable future. Read more about Chapter 7.

Means Test
Due to the nature of Chapter 7, it is not a chapter that is considered to be a "free for all." Instead, only a specific type of debtor will be able to find financial relief by filing for Chapter 7. To ensure that only those who are truly qualified file for this chapter, they must complete what is known as the "means test." If they pass, they will be considered qualified to file. Read more about the means test.

Chapter 11
Individuals and families are not the only ones who find themselves struggling with debt. In many cases, a business can find themselves unable to keep their head above water. No matter the cause of where they arrived at this debt, businesses don't need to feel as if they are without hope. By looking into the possibility of filing for a Chapter 11, they, like individuals protected by federal law, will be able to get their feet on solid ground once more. Read more about Chapter 11.

Chapter 13
Not every person will be qualified to file for Chapter 7 - and not every person will want to. In these cases, the debtor will likely be more qualified to handle what is known as Chapter 13. This doesn't liquidate your assets and rather reorganizes your debt into a more manageable portion. You will the repay your creditors over a three to five year time period. Read more about Chapter 13.

Bankruptcy Myths
There are, unfortunately, a considerable amount of myths surrounding the bankruptcy process. Like most myths, there are born out of confusion and the complexity of bankruptcy. It is vastly important that you don't buy into these myths and that you get the truth about what you're facing - don't let fear keep you away from seeking the debt resolution that you deserve. Read more about bankruptcy myths.

Bankruptcy Mistakes
Avoid the common mistakes that are common among persons filing for bankruptcy by enlisting the help of a Long Island bankruptcy lawyer. Read more about bankruptcy mistakes…

Bankruptcy Exemptions
There is a common myth that if you file for bankruptcy that you will lose everything that you own. This, however, is completely untrue. There are bankruptcy exemptions set into place that keep from this happening. These exemptions will protect some of your most important assets and will allow you to keep things that are established by state law. Read more about bankruptcy exemptions.

Bankruptcy Process
Knowing what to do while filing for bankruptcy is one of the most confusing aspects of all. If you are facing a bankruptcy, one of the greatest assets of hiring a knowledgeable attorney is to learn about what you will be facing with the bankruptcy timeline and other associated issues. Read more about the bankruptcy process.

Benefits of Bankruptcy
Filing for bankruptcy can seem like a terrifying process, however, it is important that you realize that there are several different benefits that you will experience should you choose to file. For example, the sheer ability to get control of your debt again is one of the most benefits that you will experience. Another benefit will be to get control of creditor harassment. Read more about benefits of bankruptcy.

Life After Bankruptcy
One of the biggest areas of mystery when filing for bankruptcy is knowing what you will face when it's done. Many debtors are left wondering as to what their life will be like - and what they will be dealing with once it is done. At our firm, we understand this confusion and we are prepared to help our clients in every way possible to help them understand exactly what they're facing. Read more about life after bankruptcy.

Alternatives to Bankruptcy
Just because you are dealing with debt, does not necessarily mean that filing for bankruptcy is your only viable option. There are several alternatives to bankruptcy that could be even better suited to helping you get control of your debt - and at our firm, we are prepared to help explain every single one of these to you. Read more about alternatives to bankruptcy.

Creditor Counseling
According to a law that passed in 2005, it is required of all debtors to complete mandatory creditor counseling a minimum of 180 days prior to filing for bankruptcy. This needs to be administered by an agency that has been officially approved by the U.S. Trustee's Office and there has to be a certificate that is presented along with the bankruptcy petition. Read more about creditor counseling.

Creditor Harassment
If you are struggling with debt, there are many different issues that will be considered difficult. One of the most difficult of these, however, is that of creditor harassment. It is important to understand that while creditors are able to take actions in their attempt to collect, this does not mean that it should be a free for all. There are laws that they need to abide by so that they are acting within the confines of the law. Read more about creditor harassment.

Why Hire a Bankruptcy Attorney?
Don't let yourself handle your bankruptcy alone. This is an important, but a complex process and deserves to be given high-quality and reliable legal assistance. By working with a bankruptcy lawyer from our firm, you will be able to receive the necessary guidance that you deserve to make sure that this moves forward as successfully as possible. Read more about why you should hire a bankruptcy attorney.

Benefits of Hiring a Long Island Bankruptcy Attorney

There are many advantages to hiring an attorney to help with your financial matters. The first of which is that all creditor harassment must cease the moment you have "lawyered up." Legally, the creditors will no longer be allowed to contact you directly. In addition, your Long Island bankruptcy lawyer can help you through the means test to determine which chapter of bankruptcy you qualify for and if bankruptcy is actually the right option for you.

To learn more about the bankruptcy and debt relief processes, please contact a Long Island bankruptcy lawyerfrom our office today!