Providing Debt Relief Through Bankruptcy

Much of New York is feeling the effects of the current economic downturn.

  • Many people are behind on car or mortgage payments, unable to pay credit card bills, or facing foreclosure.
  • There are small businesses that have been in the red since business started.
  • Often immigrants who moved to areas such as Jackson Heights with high hopes of a new business are struggling to make ends meet.

If this is the situation in which you find yourself, is bankruptcy the answer?

You need a lawyer who knows your options. You can rely on David B. Schachter, a Queens bankruptcy attorney with more than 30 years of legal experience. At the Law Office of Schachter, P.C., we are committed to helping individuals and small businesses regain financial stability.

Explaining the Options

Our firm can help you understand the options you have for avoiding foreclosure, for example, a short sale transaction, before filing for Chapter 7 or Chapter 13 bankruptcy. We can also examine the possibility of protecting your property through the bankruptcy process.

Chapter 7 bankruptcy, also known as liquidation, can help you eliminate insurmountable debt. We work with you to help you understand what debts can be liquidated and what debts you must still pay.

Chapter 13 bankruptcy, also called wage-earner's bankruptcy, allows debtors to pay back some or all of their debts over a three- to five-year period. We work with you to draft a repayment plan that will be approved by both the court and your creditors.

Learn More About Chapter 7 And 13 Bankruptcy

To schedule a free consultation with an experienced bankruptcy lawyer, please contact us at 888-337-2679 or by email. Based in Jackson Heights, we help people in New York City, the Bronx, Brooklyn, Manhattan, Queens and Staten Island regain financial stability.

We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.