If you are struggling to make minimum payments on credit cards, loans, and other bills, the relentless creditor calls and letters threatening lawsuits can take a serious toll on your emotional and physical well-being. Fortunately, it doesn’t have to be that way. Whether you are a business owner who wants to pay a portion of outstanding debts to creditors and remain in business, or an individual who has gotten in over your head, bankruptcy can be the fresh start you need to get back on your feet.
At The Law Office of Alexander Paykin, P.C., our compassionate, knowledgeable legal team isn’t here to judge; we understand that life often throws curve balls. Even the most responsible and prepared business owners and individuals can find themselves in a financial hole, and bankruptcy is often the best way out.
Our experienced bankruptcy lawyers will analyze your case to help you determine the best legal strategy for your unique situation. We can put an end to foreclosures, lawsuits, and wage garnishments so that you can regain financial control of your life. Contact The Law Office of Alexander Paykin, P.C. today for a free and confidential consultation about your case.
Once you have referred your creditors to our legal team, those incessant collection calls will finally come to an end, giving you the breathing room you need to focus on rebuilding your financial future. Lawsuits will also likely be halted as creditors don’t like to throw away money on lawyer fees when they know the debt will be canceled in bankruptcy. Basically, the moment you hire an experienced bankruptcy attorney, your life begins to feel peaceful again.
Types of Bankruptcy We Handle
• Chapter 7 bankruptcy—Referred to as liquidation bankruptcy, Chapter 7 is a full discharge of debts (with some exceptions) and remains on your credit report for 10 years. When you are discharged from Chapter 7, you are barred from another Chapter 7 filing for eight years.
• Chapter 13 bankruptcy—Referred to as reorganization bankruptcy, Chapter 13 provides partial repayment to some or all creditors and remains on your credit report for seven years. When you are discharged from Chapter 13, you are barred from another Chapter 13 filing for two years, and from a Chapter 7 filing for four years.
• Chapter 11 bankruptcy—Referred to as business reorganization bankruptcy, Chapter 11 involves the restructuring of a corporation’s debts. Chapter 11 is the most complex form of bankruptcy.
Contact The Law Office of Alexander Paykin, P.C. Today
If you need counsel for bankruptcy or any other finance-related legal issue, the experienced legal team at The Law Office of Alexander Paykin, P.C. can help. Our attorneys are highly skilled at protecting the rights of clients who decide that bankruptcy is the best solution for their unique situation. Although bankruptcy is a last resort for many individuals and business owners, filing bankruptcy isn’t the end of the world. For many people, it is the opportunity for a fresh start. Contact us today at 212-858-9112 for a free and confidential consultation about your case.