Buffalo and Western New York Chapter 7 Bankruptcy Attorneys
Are you drowning in debt? Are you struggling to pay your mortgage, credit card bills or car payment? Are you being harassed by creditors and debt collectors? If so, you may benefit from filing for Chapter 7 bankruptcy.
At Cole, Sorrentino Hurley, Hewner & Gambino, P.C., our lawyers have extensive experience helping clients find debt relief through Chapter 7 bankruptcy. Our primary goal is always to provide our clients with a fresh start, allowing them to move beyond their financial burdens and take back control of their life. Contact our offices in Buffalo, Hamburg, Batavia, or Niagara Falls, New York, to schedule a consultation.
Do You Qualify for Chapter 7 Bankruptcy?
The first step in the bankruptcy process is to take a means test, which determines your level of debt and the type of bankruptcy for which you qualify. If you have limited income and have a high amount of unsecured debt, you will more than likely qualify for Chapter 7 bankruptcy. If you have a steady income, but are struggling to make ends meet, Chapter 13 bankruptcy may be a better option.
If you qualify for Chapter 7 bankruptcy, much of your unsecured debt will be discharged, excluding any tax liability or student loans. We will carefully explain the specifics and answer all of your questions during a detailed consultation. Rest assured, you will fully understand what to expect from Chapter 7 bankruptcy.
Can You Keep Your Property?
One of the more common fears our clients have about Chapter 7 bankruptcy is losing their belongings. While it is true that some of your belongings may be subject to liquidation, there are numerous items that are exempt under the law. These include:
- Insurance policies
- Pensions and retirement plans
- Clothing, furniture and other household goods
- Cash up to a certain amount
- Primary residence if you have under $50,000 equity invested in it
- Car if you have limited equity in it
Contact an Experienced Bankruptcy Lawyer
Chapter 7 bankruptcy is known as the liquidation bankruptcy because it completely discharges your debt. You are provided with a fresh financial start. To discuss this bankruptcy option with an experienced attorney, contact Cole, Sorrentino Hurley, Hewner & Gambino, P.C., in Buffalo, New York, to schedule a consultation. We welcome the opportunity to represent you.
We offer flexible appointment schedules and a free initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
