Filing Chapter 7 Bankruptcy Can Give You The Fresh Start Your Family Needs

Individuals and families seeking a fresh start generally file Chapter 7. Bankruptcy can be like hitting the restart button on your financial life. But, it can be confusing. You need help from someone who knows the inside and out of federal bankruptcy laws.

I am bankruptcy attorney Peter R. Scribner. From my office in Rochester, I have been helping individuals and families throughout upstate New York get a fresh start through Chapter 7 bankruptcy for 30 years.

Filing Chapter 7 bankruptcy requires an in-depth understanding of bankruptcy laws. I have that knowledge. Call 585-800-9616 and speak with me today.

What Chapter 7 Bankruptcy Can And Cannot Do

In Chapter 7, you file a bankruptcy petition and, within a couple of months, you get a court order discharging, or eliminating, your consumer and medical debts. All efforts by creditors to collect against you stop as soon as you file bankruptcy. In almost all cases, you keep all of your assets. If you can afford to continue to make your car loan and mortgage payments, Chapter 7 provides a process, called "reaffirmation," for you to keep those assets.

Some debts cannot be eliminated by Chapter 7 bankruptcy, such as student loans, recent income taxes and child support. Chapter 7 does not provide a process for stopping a foreclosure and saving your house (other forms of bankruptcy can stop foreclosures). High-income debtors need a very careful review of their situation to see if they qualify for Chapter 7. People who are actively operating a business also need a very careful review before filing Chapter 7.

Extensive Knowledge Of New York Bankruptcy Courts

I have served as Chair of the Monroe County Bankruptcy Committee and served for 14 years as one of the Chapter 7 bankruptcy trustees in Rochester. I understand how the bankruptcy code applies to your financial situation, and I know what trustees, judges, the Department of Justice and other bankruptcy parties expect.

The bankruptcy court in Rochester is very thorough, and bankruptcy debtors need to be very well-prepared if their case has to be successful. If a less experienced lawyer has told you that your case is a slam dunk, don't count on it.

Contact me to learn more about ways I can help you get the fresh start your family is looking for.

My law firm is a debt relief agency. I help people file for bankruptcy relief under the Bankruptcy Code.