Bankruptcy

NYC Bankruptcy Lawyer

Helping Clients Get Out of Debt and Financially Reset

If you are having serious issues paying your debts and creditors are constantly calling you each day, bankruptcy could provide you with the fresh financial start you have been looking for to get your life back on track. To determine if bankruptcy suits your situation, you must speak with an experienced bankruptcy lawyer in NYC.

The Law Offices of Abel L. Pierre, Attorney at Law, P.C., represent individuals struggling with their finances. Attorney Abel Pierre can thoroughly review your financial situation, determine which type of bankruptcy suits your case, and help you overcome debt. Do not hesitate to let our firm guide you through the complexities of the bankruptcy process.

Are you considering filing for bankruptcy? Call Law Office of Abel L. Pierre, Attorney at Law, P.C. today at (888) 744-0757 or contact us online to schedule a meeting with our NYC bankruptcy attorney!

What is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?

There are two main types of bankruptcy for individuals: Chapter 7 bankruptcy and Chapter 13 bankruptcy. Chapter 7 is commonly referred to as “liquidation” bankruptcy because you can cancel many (or all) your debts and not pay back your creditors. In contrast, Chapter 13 is sometimes called “reorganization” bankruptcy since you can overcome your debt through a repayment plan and protect valuable property.

When you file for Chapter 7 bankruptcy, the court appoints a “bankruptcy trustee” to sell your nonexempt property (e.g., cash, bank accounts, stocks/bonds, valuable items, family heirlooms, a second home, a second truck, etc.) to repay your creditors. The Chapter 7 bankruptcy process takes approximately four to six months.

To qualify for Chapter 7, you must pass the “means test.” You pass the test if your household income is lower than New York’s median household income. If you do not pass the test, you may qualify for Chapter 13.

Chapter 13 bankruptcy is meant for debtors with a regular income and the ability to pay back some of their debts through a repayment plan. The amount you must repay is based on your income, expenses, and all other types of debt. The process of this type of bankruptcy takes three to five years.

Contact Our Bankruptcy Lawyer Today

Attorney Pierre provides our clients with experienced and personalized legal representation from start to finish. He will prepare all your paperwork, protect your best interests during meetings with creditors, and help you overcome debt as quickly as possible.

Contact the Law Office of Abel L. Pierre, Attorney at Law, P.C. today to discuss your finances with our bankruptcy attorney in NYC!

Stories From Our Happy Clients

  • “If I had to cross mountains and rivers to have Counselor Pierre again, I would do without thought. He is a remarkable lawyer and made sure a false debt collection against me was vacated. With ...”

    - Former Client
  • “After searching a very long time for a debt lawyer I finally came across Abel. Words can not describe how professional he really is. He is excellent at what he does. I would not hesitate to hire him ...”

    - D.C.
  • “I am extremely thankful for having found Mr. Pierre to represent me with my identity theft case which had resulted in a levied account. My case was not an easy one and it had left me feeling hopeless ...”

    - Jayda K.
  • “Working with Abel Pierre was a very smooth and stress-free process, he was always available to answer all of my questions, and is very professional. My issue was resolved in a timely manner. I ...”

    - Darlene P.
  • “I highly endorse Abel, he is an amazing attorney. We hired him to represent us against a very large financial services corporation. His attention to detail, knowledge, follow-through, and support is ...”

    - Umar F.
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What Sets Our Attorney Apart

  • Over a Decade of Experience
  • Client-Focused Representation
  • Proven Track Record of Success
  • Focused Practice Backed by Extensive Knowledge

The Future You Deserve Begins Here

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