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Fair Debt Collection Practices Act Lawyer

Stop the Enforcement of a Judgment Through Bankruptcy

Many individuals who are behind on their credit card bills are served lawsuits by debt collectors. Many times people fail to answer these lawsuits in hopes that the creditor will go away. Unfortunately, creditors will not just go away. When you don’t answer these lawsuits creditors can get a default judgment against you. These judgments can last up to twenty years. 

When this happens a wage garnishment can be initiated. A wage garnishment tells your employer that they must withold a certain amount of money from an employee’s check. This money will then be sent to the creditor to satisyfy the judgment. 

Filing Bankruptcy in Staten Island, New York  

Staten Island is a special place to live, it is the only borough that is not connected to the New York City subway system. However, the free ferry allows a fairly easy ride for individuals living in Staten Islanders to commute to New York City. If you are overwhelmed with debt and live in Staten Island, you are not alone. Many individuals with debt file a Staten Island file Chapter 7 bankruptcy to help them get out of a financial rut. Recently, the contractor who was supposed to complete the Lighthouse point project on Staten Island filed bankruptcy. Bankruptcy is not an easy decision, but it can help you if you are in debt. Filing bankruptcy in Staten Island can get you back on the right financial path. If you have faced divorce, medical issues or job loss filing bankruptcy in Staten Island can make things better. 

Congress created bankruptcy laws to help people who fell into unfortunate circumstances, a way out. Chapter 7 bankruptcy and Chapter 13 bankruptcy are the most common chapter that individuals file. Chapter 7 bankruptcy in Staten Island takes 4-6 months to complete while a Chapter 13 bankruptcy takes 3-5 years to complete. Both types of bankruptcies, allow individuals to get back on their feet. The difference in a Chapter 13 bankruptcy vs a Chapter 7 bankruptcy is that your creditors are paid back in a repayment plan.

How Do I File a Chapter 7 Bankruptcy with No Money?

When clients come to my office and are looking to file a Chapter 7 bankruptcy, they are normally struggling with  money. Many individuals ask me how they can pay lawyers fees and filing fees to file a bankruptcy, if they can’t pay their credit card debt. I always tell my clients that if they want to file bankruptcy, we can work out a bankruptcy payment plan to help them. 

Credit Card Debt Basics and Bankruptcy

In an economy where the coronavirus is dominating headlines, people are out of work and unable to pay their high interest cred cards, debt still remains one of the largest issues that consumers struggling financially face. 

Credit card debt, divorce and medical bills are some of the biggest reasons consumers are forced to file bankruptcy. If you are struggling to make your minimum credit card payments, you are not alone. Most people in New York are strugging with large credit card bills every day. 

When A credit card account has been delinquent, or unpaid, for more than 180 days, banks will charge off this debt. You may see something on your credit report that says “charge off” with a $0 balance. Many assume this means that the credit card companies are letting that debt go. This is abosultely wrong. When a “charge off” is reported by the credit cureaus it means that the debt has been sold off to a debt collection who will call, harass and even sue you. 

Fair Debt Collection Practices Act Lawyer

How To File Bankruptcy In Staten Island, New York

To determine if you should file bankruptcy in Staten Island, you will need to determine where to start. Karra L. Kingston Esq. can help you and give you an overview of the bankruptcy processs. Our bankruptcy lawyers can walk you through the process and provide you with great resources to help you get out of debt. 

Where Do You File Bankruptcy If You Live on Staten Island?

If you are struggling to pay your debt are looking to file bankruptcy you may wonder where you have to go to file a bankruptcy petition. Individuals, who want to file a Staten Island bankruptcy, often come to our office and ask “Where Do you file bankruptcy if you live on Staten Island?” Many individuals filing a Staten Island Chapter 7 or Chapter 13 bankruptcy are surprised to learn that there is no Staten Island Bankruptcy court on Staten Island. To file bankruptcy, people who live in Staten Island must file their bankruptcy case in the Eastern District of New York. The nearest bankruptcy court for people in Staten Island searching to file in the Eastern District is located in Brooklyn. The Bankruptcy Court n Brooklyn is located at 271-C Cadman Plaza East. Individuals who want to file bankruptcy will need to go to Brooklyn to attend their meeting of creditors.

FDCPA

File Bankruptcy Due to Impact from the Corona Virus

With the high rates of unemployment and the economy in danger, people will seek out bankruptcy lawyers to help them get out of debt. Bankruptcy is a legal proceeding involving a business or person that can’t afford to pay their debts.

Filing Bankruptcy Impact Credit Score in Chapter 7

Individual Bankruptcy Filings on the Rise in New York and New Jersey due to Coronavirus

According to one study done by the New York Post, one in four Americans do not have enough money saved to cover more than two months of expenses and one out of every four people doesn’t have any savings. Moreover, a poll conducted on behalf of Chase bank showed that 40% of adults wouldn’t be able to cover unexpected expenses of more than $400. With the uncertainty of the coronavirus and these statistics, many individuals in New York and New Jersey will be forced to file bankruptcy. 

Filing Bankruptcy Impact Credit Score in Chapter 7

Can I Own Anything After I File Bankruptcy?

Many people often ask us how filing bankruptcy in New York or New Jersey will impact them after their bankruptcy is completed. Many people often ask us “can I own anything after I file bankruptcy?” The answer to this question is simply, yes.