Long Island Bankruptcy Attorney

Are you strapped with seemingly insurmountable debt? Do you constantly have to avoid the harassment and non-stop telephone calls of creditors? Are you consistently late or behind on mortgage, credit card or other important payments? Financial difficulties like these can seem overwhelming and can cause you and your family an extraordinary amount of stress. Fortunately, filing for bankruptcy can help with your worry by allowing you to eliminate or pay back your debt in a time frame that works for you. If you are interested in learning more about how bankruptcy can set you back on the path to financial security, your best bet is to contact a lawyer as soon as possible to get the information you need.

Filing for Bankruptcy in Nassau and Suffolk Counties

The bankruptcy process is often a complex one and can differ greatly depending on the type of bankruptcy one is filing for. Experienced assistance can be required to ensure that a person does not get lost and put themselves in a worse financial position than before they initiated the filing. The procedure for filing for bankruptcy traditionally includes these steps:

• Consultation with a lawyer regarding one's financial position and available options;
• Providing financial documents to the attorney to help assess one's best bankruptcy option;
• Completion of an approved credit counseling course;
• Reviewing / signing the bankruptcy petition and filing it with a bankruptcy court; and
• Attending the Meeting of Your Creditors

In the event one is filing for Chapter 13, the payment plan will be discussed and the first payment made shortly after the meeting is completed. In the event of a Chapter 7 filing, any disputes the creditors may have regarding discharged debts will be voiced at that time, and then taken up at subsequent meetings.

Upon completion of these above steps, the individual usually completes a financial management course, and in the case of a Chapter 7 filing, has their debts discharged 75 days after the creditors meeting. In a Chapter 13, the debt is discharged at the conclusion of the payment plan, which typically takes three to five years. If you require further information regarding filing for bankruptcy, it is recommended you contact a Long Island bankruptcy lawyer right away.

Are you in need of help in filing for bankruptcy in Long Island?

Filing for bankruptcy can be a tough decision to make, but it could be the best thing you do for the financial well-being of you and your family. If you are interested in filing for bankruptcy, you will need an experienced bankruptcy attorney working for you. At the Law Offices of Scupp & Berman, LLP, our attorney team is ready and available to assist you should you decide to file for bankruptcy.

We possess substantial experience in the area of bankruptcy law and we successfully helped many clients in their bankruptcy cases. We can guide you at every step of the filing process to increase your chances of a resolution that sees you debt-free and financially solvent once again. We want to see you regain your financial freedom and put an end to your cycle of debt today. Everyone deserves a clean slate; that's why we want to help you with your bankruptcy claim today.

If you intend to file for bankruptcy and are in need of experienced assistance in doing so, contact a Long Island bankruptcy attorney today.