Bankruptcy attorney new york
A bankruptcy attorney in New York can help individuals and businesses navigate the complex process of filing for bankruptcy and achieving financial relief. Here are some key things to know about bankruptcy attorneys in New York:
Types of Bankruptcy:
- Chapter 7 Bankruptcy: Liquidation bankruptcy, where a trustee sells off assets to pay off debts.
- Chapter 11 Bankruptcy: Reorganization bankruptcy, where a business or individual restructures debt and creates a plan to pay off creditors.
- Chapter 13 Bankruptcy: Reorganization bankruptcy, where an individual creates a plan to pay off debts over time.
Benefits of Hiring a Bankruptcy Attorney:
- Expertise: Bankruptcy attorneys have extensive knowledge of the bankruptcy laws and procedures in New York.
- Guidance: They can help you determine the best course of action for your specific situation.
- Representation: They can represent you in court and negotiate with creditors on your behalf.
- Paperwork: They can help you complete and file the necessary paperwork, including the petition, schedules, and statements.
- Stress Relief: They can help alleviate the stress and anxiety associated with the bankruptcy process.
How to Find a Bankruptcy Attorney in New York:
- Online Search: Search for bankruptcy attorneys in New York on online directories like Avvo, Martindale-Hubbell, or FindLaw.
- Referrals: Ask friends, family, or colleagues who have gone through bankruptcy for recommendations.
- Professional Associations: Check with professional associations like the National Association of Consumer Bankruptcy Attorneys (NACBA) or the American Bankruptcy Institute (ABI) for a list of certified bankruptcy attorneys in New York.
- Bar Association: Contact the New York State Bar Association or the New York City Bar Association for a list of certified bankruptcy attorneys.
Costs and Fees:
- Initial Consultation: Most bankruptcy attorneys offer a free initial consultation to discuss your case.
- Fees: Bankruptcy attorneys typically charge by the hour, with rates ranging from $200 to $500 per hour.
- Flat Fees: Some attorneys may offer flat fees for specific services, such as filing a Chapter 7 bankruptcy petition.
- Contingency Fees: Some attorneys may offer contingency fees, where they only get paid if you receive a successful outcome.
Some of the Best Bankruptcy Attorneys in New York:
- David Siegel, Esq. - Siegel & Siegel, P.C.
- Robert J. Adams, Esq. - Adams & Associates, P.C.
- Michael J. Kessler, Esq. - Kessler & Kessler, P.C.
- Steven J. Fisch, Esq. - Fisch & Fisch, P.C.
- Mark J. Levin, Esq. - Levin & Levin, P.C.
Remember to research and interview multiple attorneys before selecting the best one for your case.