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What Type of Bankruptcy is Right for Me?

New York Bankruptcy Lawyer Serving Orange, Dutchess and Ulster Counties as well as the New York Metro area, including Long Island

Making the decision to file for bankruptcy may be difficult, as it could have a major impact on you financially. However, this impact may be entirely positive. Working with an experienced attorney helps, as you can be sure that your case will be properly filed and that your interests will be represented.

If you would like to determine what type of bankruptcy is right for you, a NY bankruptcy lawyer at the Law Office of Ingber & Provost can discuss your options during a free consultation today.

Not everyone will qualify to file a 
chapter 7 bankruptcy case. Eligibility to file for chapter 7 is primarily determined by your annual household income. Generally speaking, chapter 7 is more beneficial for debtors with little to no income and who do not have extensive assets to protect. However, in many cases, individuals with high income and substantial assets can still file for chapter 7 successfully with little risk of losing their property.

Chapter 7 is quicker than Chapter 13, as a Chapter 13 repayment plan will last from 3 to 5 years. A Chapter 7 proceeding typically takes 3 months from the date of filing. However, a Chapter 13 can offer a debtor with regular income more protection for his or her assets.

A New York Bankruptcy Attorney Can Help

By talking to you about your goals and your particular financial situation, a bankruptcy attorney can work with you to determine what type of bankruptcy is right for you. At the Law Office of Ingber & Provost, you can count on us to honestly evaluate your case and help you experience the debt relief chapter 7 or chapter 13 has to offer.


Contact a New York bankruptcy lawyer at our law firm to talk about filing for bankruptcy and what type of case would most benefit your unique situation. We represent individuals and businesses throughout Orange County, Dutchess County and Ulster County, New York, as well as the New York Metro area, including Long Island.



Ingber & Provost, LLP

Toll Free: (866) 733-2720 | 24-Hours, 7 days per week
Email: tprovost@ingberprovost.com

Dutchess County
25 Market Street, Suite 700
Poughkeepsie, NY 12601
Orange County
53 Roe Rd.
Bloomingburg, NY 12721
Long Island
445 Broad Hollow Rd., Suite 25
Melville, NY 11747
Phone: (516) 627-5809

   
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