Can I Still File?
In a
word, YES!
As you have
probably heard, the bankruptcy laws were significantly
changed on October 17, 2005 by Congress. The new laws
have made filing for bankruptcy much more difficult and
time consuming.
As is often the case when laws
are modified, the changes in the bankruptcy laws have
created confusion. Some people have been wrongly
informed that if they make above median income, they
cannot file
Chapter 7 bankruptcy and must repay their debts.
“Nothing is
further from the truth,” Mr. Schwartz declares. “When
you take a person who is making $ 70,000 and take out
their home allowance, and their car allowance, and their
food allowance and their taxes, you’re down to $ 40,000
and you can qualify. Our job is to get you to the point
where you qualify and discharge your debts.”
In the more
than 25 years that we have been helping people get rid
of their debt, we have seen major changes in the
bankruptcy laws. The law office of Michael H. Schwartz, P.C., recognizes that the system is now
stacked against the consumer. Before the U.S. Bankruptcy
Code was revised in October 2005, a consumer who filed
for bankruptcy was presumed to have done so in good
faith. That provision no longer exists.
“So in
every single case, you have to fight for a bankruptcy
discharge,” Mr. Schwartz says. “That’s a powerful weapon
for the creditors.”
That’s why,
more than ever, you need the NY bankruptcy attorney of
Michael Schwartz & Associates, P.C. on your side. We
know the ins and outs of the bankruptcy laws.
No one has
filed more cases in this district under the new Code
than we have. We know the Code backwards and forwards.
We know how to prove good faith.
If you are
considering filing for bankruptcy,
contact our NY bankruptcy lawyer today to schedule a
free consultation. The experienced law firm of Michael H. Schwartz, P.C., will assess your
situation, explain the rules, and help you determine
whether bankruptcy is right for you.
Michael H. Schwartz, P.C.
One Water Street
White Plains, NY 10601
Phone: (914) 997-0071
(800) 666-9743
(800) On My Side
Fax: (914) 997-0536
The preeminent Rating, achievable only after admission to the bar for at least ten years, indicating the highest level of legal ability and ethics. The pinnacle of professional excellence.
