Syracuse, Central New York Bankruptcy Lawyer
Overview of the Bankruptcy Process
Bankruptcy is never a happy matter — but successful resolution of a bankruptcy that is unavoidable is a favorable legal and financial resolution. For someone with overwhelming debt, the end result of bankruptcy — debt discharge — may be good news indeed.
If You are Eligible to File Bankruptcy, It Is Your Right — Not a Moral Failing!
You may have nagging fears and anxieties about bankruptcy. Does bankruptcy mean that you are irresponsible — a financial failure? Does it represent hopelessness or a moral downfall? The answers to these questions is most likely no.
Creditors extend credit and borrowers accept credit with the expectation that the debt will be repaid. Nonetheless, circumstances arise that force many people to take advantage of Federal Law and the laws of New York State that allow for bankruptcy.
While a small percentage of bankruptcy filers may be deliberately abusing "the system," most have been faced with the following:
- loss of a job, "temporarily" laid-off or taken a pay cut
- accumulated significant medical bills and do not have health insurance
- experienced some kind of disaster such as fire, flood or theft
- overuse of credit or living above their means. In many cases, credit card companies raised interest rates and tacked on numerous fees, making it impossible for consumers to keep up with payments
- divorce—two incomes being reduced to one while keeping the same debt/expenses
- business or self employment failure
When our firm represents you in a Chapter 7 or Chapter 13 bankruptcy filing, you can expect the following:
- Advice on how to stop harassing creditors' phone calls
- No-nonsense explanations of the steps you need to take to eliminate debt or restructure debt through reduced payments that you can handle
- Courteous and thoughtful responses to your concerns all along the way
- Focused legal advice designed to help you keep as many assets as possible, help you obtain the information you need from credit reports, and restore your credit after the bankruptcy is completed.
Contact the Ribarovski Law Office, P.C.
People seeking debt relief often prefer to work closely with a sole practitioner because they value confidential, one-on-one legal representation. If you like the idea of working closely with an attorney who will give personal attention to every aspect of your case please contact the Ribarovski Law Office, P.C.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
