Bankruptcy

Settle Overwhelming Debt In Utica Or Cooperstown

There are many types of bankruptcy, and no matter which one you need, all of them are infinitely easier to navigate with the help of an experienced lawyer for debt resolution. Presently, although there are different types of Bankruptcy proceedings, (Chapters 7, 11, 12, and 13). Our law office restricts itself to providing services in Chapter 7 cases only.

Chapter 7

At the Hobaica Law Office, we understand that filing for bankruptcy is a difficult step to take. However, we also recognize that sometimes it is the best option for those who are facing severe financial hardship.

If you are struggling with a lot of debt, you may be considering filing for bankruptcy. Bankruptcy can be difficult and stressful, but it can also offer a fresh start to someone who really needs it. Chapter 7 bankruptcy, also known commonly as a “liquidation bankruptcy”.

You may be able to protect and keep your home and other assets, depending on a number of factors (income, debt load, amount of arrears) to name a few.

Before you can file, you have to go to credit counseling with an approved agency. Once you file your petition, the court issues an automatic stay that stops creditors from trying to collect money from you.

Contact Us

If you’re facing bankruptcy, you’re not alone. Many Americans struggle with debt, and filing for bankruptcy can be a difficult decision. But with the help of an experienced New York lawyer, you can make the process much easier. Hobaica Law Office in Utica, NY, and Cooperstown, NY, can help you resolve your debt and get back on track financially. Contact us today to learn more about how we can help you.