It is in times of financial hardship that someone is driven towards the need to file bankruptcy. This decision is never made lightly and the complexities of the filing process can be as daunting as the stressful scenario that brings up the discussion of bankruptcy. As pros and cons of filing bankruptcy are weighed, a plethora of questions arise that may be difficult, if not impossible, to answer without the guidance of a bankruptcy attorney.
Are you eligible for any exemptions under bankruptcy law (link to exemptions page)? Which chapter of bankruptcy best fits your specific debt scenario? How long before your debts are discharged? In lieu of hunting down general answers on the web, and keeping in mind that each state and jurisdiction has criteria that can affect bankruptcy law, the simplest route to real answers about your debt situation is through a skilled bankruptcy attorney.
If you are experiencing financial difficulties please call my office for free consultation at 212.315.3755.