What is Chapter 7 Bankruptcy?

Filing Chapter 7 bankruptcy is a process provided for under Federal law that entitles you to make a fresh financial start. Chapter 7 eliminates most of your unsecured debt and is normally suggested for someone with few or zero assets. 'Unsecured debts' released by Chapter 7 bankruptcy include credit cards, medical bills, most personal loans, judgments resulting from car accidents and deficiencies on repossessed vehicles. However, filing Chapter 7 bankruptcy is complicated; you need an experienced and knowledgeable bankruptcy attorney from Jacoby Meyers Bankruptcy Law to guide you through the entire legal process.

In addition to freeing you from your debt, filing Chapter 7 bankruptcy normally allows you to retain some of your property. If your car and mortgage payments are current and if there is no significant equity in your property, you should be able to make arrangements to reaffirm the debt. Keep your home, keep your car, keep your personal belongings, but eliminate your debt; that is the function of Chapter 7 bankruptcy.

Conversely, if you do not file Chapter 7, you may lose your home to foreclosure and your car to repossession due to missed or delinquent payments. When you call for your free initial phone consultation, you will get reliable advice from a compassionate and experienced lawyer from Jacoby Meyers Bankruptcy Law.

As soon as you file for Chapter 7 bankruptcy, you will be protected from credit agency harassment. Creditors are forbidden to call and pester you once bankruptcy proceedings have started. The ability to reestablish your credit after filing Chapter 7 bankruptcy is better than it has ever been before. Although Chapter 7 bankruptcy can remain on your credit report for up to 10 years, you can start reestablishing your credit right away. Though you may have to pay slightly higher interest rates, you should be able to purchase a home or car and qualify for credit cards very soon after filing Chapter 7 bankruptcy.

Our qualified bankruptcy attorneys from Jacoby Meyers Bankruptcy Law have over 100 years of combined experience in all facets of both Chapter 13 and Chapter 7 bankruptcy. We will be your advocate throughout the entire Chapter 7 bankruptcy proceedings.


For a free consultation, contact the Brooklyn, New York, law firm of Figeroux & Associates, at 718-834-0190.




     
     
 

WHY VOLUNTEER?

 
There are many benefits to volunteering in the community! Here are just a few:

Build Your Skills and Your Resume

Community work is a great way to build your resume and your skills. When you volunteer, you'll have the guidance of employers who are specialists in their fields. And because we partner with CARE, IJLEF and NACC, we suggest you visit these websites to volunteer now and develop the skills you seek.

Develop a Career Network

Networking is an incredibly important part of searching for jobs and building careers. Community involvement is one of the best ways to make connections and foster relationships that do just that. Not only will you build a network, many people who volunteer at an organization are offered permanent positions after some projects.

Enhance Your Education

One of the best ways to learn is through experience. What better way to gain experience than to work at an organization that fit your needs and interests? Many educational experiences can't be taught in a classroom.
     
       
     
       
     
     
             


Invest in
New York

Figeroux & Associates and Unified Realty, Inc., guarantee that you will received unbiased advice and genuine opinion regarding properties in neighborhoods where there is a high demand for rentals. These selected properties would have the potential for high growth and will yield great financial benefits, allowing you to maximize the return on your investments.

Investing Services
Exclusive Buyers Agent

New York City Investment Properties
The Buying Process
Purchasing Process
Real Estate FAQ
Mortgage FAQ
Comparable Market Analysis

Figeroux & Associates - Buyers Attorney Retainer

Foreign Investors Guide

A comprehensive guide for Foreign buyers seeking to invest in New York City real estate.