Filing Bankruptcy Impact Credit Score in Chapter 7

NEW YORK BANKRUPTCY FORMS

Since New York bankruptcy cases are filed in federal court, a majority of the New York bankruptcy forms are national forms used in bankruptcy cases across the United States. When you meet with an experienced Staten Island bankruptcy Lawyer they will be able to assist you in filling out all of your forms. Each bankruptcy district in New York has certain local forms that they want you to use when you file for bankruptcy. These forms can be confusing and intimidating.

Hiring a Lawyer to Ensure Your Bankruptcy Forms Are Correctly Filled Out

A New York Bankruptcy Lawyer can make the process easier for you by helping you fill out your forms. Many people who don’t want to include their property in their bankruptcy wrongfully believe that they should not put their assets or any property they own on their forms. This is fraud. Even if your vehicle or home is not something you want to be put in your bankruptcy, you still MUST list it on your petition. In a Chapter 7 bankruptcy, you can only keep the property if it falls under an exemption. A New York Bankruptcy Lawyer can help you review your property and documents to make sure that your property will be protected.

Eastern District of New York Requirements

If you are filing a Staten Island bankruptcy, a Brooklyn Bankruptcy, Long Island Bankruptcy or a Queens Bankruptcy then you will file your case in the Eastern District of New York. The Eastern District Of New York bankruptcy Court will want you to submit a petition along with different schedules when you file your New York bankruptcy. Although the cost of a bankruptcy lawyer may seem expensive, hiring a New York bankruptcy Lawyer to help you can make the process move along much more smoothly.

A New York Bankruptcy Lawyer will ask you questions about your financial situation. Be prepared to go into detail about how much you make, why you fell into these circumstances, and how much you owe on your property. A Bankruptcy Lawyer is someone that you are choosing to work for you. Make sure that before you hire a New York Bankruptcy Lawyer, you find someone that you feel comfortable with. Finding the most expensive bankruptcy lawyer does not mean they are the best. Further, finding a really cheap bankruptcy lawyer is not always the best route. Find a New York Bankruptcy Lawyer who practices in the field. Bankruptcy laws can become complex and hiring a bankruptcy lawyer that is not knowledgeable in the field can become a huge issue for you.

Karra L. Kingston Esq. offers free consultations. We work all over New York and New Jersey. Our attorneys only handle bankruptcy and debt matters. Give us a call today so that we can help you determine if bankruptcy is the right option for you.