Bankruptcy and Debt Settlement

Get out of debt now!

LEARN MORE ABOUT

Chapter 7 Bankruptcy

 

Chapter 7 bankruptcy is often referred to as a "fresh start" bankruptcy. The reason is most (but not all) unsecured debts are discharged (i.e. eliminated) such as credit card debt, utility bills, medical bills, and loans.

OUR EASY 4 STEP CHAPTER 7 PROCESS 

 

Step 1: Consultation

  • Welcome to your first step towards a fresh start (30-60 min. meeting)

  • FREE, no obligation

  • Phone or in Person Meeting - We accommodate to your schedule. 

 

Step 2: Review & Sign

  • Review your petition. We can send you the complete petition and forms via e-mail to review and sign or stop by the office. 

  • We pull your credit report for you 

 

Step 3: 341 Meeting

  • Approximately six weeks after filing

  • 5-10 minutes long

  • Verify information on schedule is correct

 

Step 4: Discharge

  • Approximately 60 days after your 341 meeting

LEARN MORE ABOUT

Chapter 13 Bankruptcy

 

Chapter 13 bankruptcy is sometimes referred to as a "repayment" plan because debtors pay some or all of their unsecured debts (interest free) over a 3-5 year plan. Your payment is based on what you can afford to pay (income minus expenses).

OUR EASY 6 STEP CHAPTER 13 PROCESS 

 

Step 1: Consultation

  • Welcome to your first step towards paying off some debt (30-60 min. meeting)

  • FREE, no obligation

  • Phone or in person meeting - We accommodate to your schedule.

 

Step 2: Review & Sign

  • Review your petition. We can send you the complete petition, forms and plan via e-mail to review and sign or stop by the office. 

  • We pull your credit report for you

 

Step 3: 341 Meeting

  • Approximately six weeks after filing

  • 5-10 minutes long

  • Verify information on schedule is correct

Step 4: Set up monthly payments

  • Set up automatic monthly payments via TFS bill pay. Our office can set this up for you or you can set it up on your own. 

  • https://www.tfsbillpay.com 

 

Step 5: Confirmation Hearing

  • Usually client's appearance is required at the first hearing. 

  • Court approves repayment plan when the plan is ready and we receive all the claims

 

Step 6: Discharge

  • Discharge

  • After payments are complete you receive your discharge

 

How we can help

Our experienced attorneys will help you choose the best debt and foreclosure relief option and make the process as simple as possible. In addition to bankruptcy, our attorneys may suggest other beneficial choices such as:

 

Debt settlement 

 

This may include negotiating with your lender for a lower payment or interest rate, negotiating a lower principal balance for a second deed of trust, or wiping out a second deed of trust that has become unsecured after a decrease in property value. We may also help you obtain real property financing to refinance and repay the original mortgage, depending on the circumstances.

 

 

Credit repair

 

By filing for bankruptcy, modifying loans and settling debt, consumers can stop late payments and begin to rebuild their credit over time. Because lender errors can also harm credit, our attorneys help borrowers combat inaccuracies in credit reports and rebuild their credit scores.

Contact bankruptcy attorneys who care about providing the help you need

 

Our team is dedicated to helping clients with bankruptcy and debt and foreclosure relief. 

CONTACT

22 SOUTH MAIN ST,

NEW CITY, NY 10956

SERRANOLAWPC@GMAIL.COM

TEL. (845) 638 - 2200

FAX: (845) 638 - 2205

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