Bankruptcy

Whether you need to file for bankruptcy, or what type of bankruptcy you need to file, all depends on your individual situation. We can help you quickly assess your situation and correctly determine an appropriate plan of action.

Given the recent changes to bankruptcy laws, it’s become increasingly important to consult an experienced bankruptcy lawyer here in the New York City area. Our clients can rely on the Law Offices of Howard Warner to help you understand bankruptcy law, get your financial life back on track and help you get out of debt.There are two types of bankruptcy filings: Chapter 7 and Chapter 13. Depending on your individual circumstances, you’ll need to choose the one that best fits you. We will assist you in selecting the most appropriate plan of action.

Chapter 7 Bankruptcy is a process that you can be relieved of your debt, provided that your income does not exceed certain limits. You will have to have recent tax returns as well as 60 days of payroll, or other income information. Prior to filing you also will need to get a certificate from a court approved credit counselor. We can arrange this for you.

Chapter 13 Bankruptcy is for those individuals who may not qualify for Chapter 7 due in part to their higher income. Chapter 13 allows you to keep your car and your home, while paying off credit card , medical and other debts over a 60 month period of time, usually interest free. You will be required to have tax records for 4 years as well as current income information.The Law Offices of Howard S. Warner in New York is available to address any of your questions and concerns and assist you in overcoming financial disaster and getting out of debt. Please contact us today to discuss your situation.