How to Find Low Cost Bankruptcy Lawyers in NYC for Debt Relief
If you have been struggling and feel overwhelmed by your unsecured debts, you may be considering filing bankruptcy. For many people, a bankruptcy case can be life-changing, and finding the right bankruptcy assistance is the best way for you to get a financial fresh start. There is much conflicting information about bankruptcy, so it’s important to understand how a bankruptcy proceeding will affect your life. If you’re wondering how low cost bankruptcy lawyers in NYC help you, it’s by providing helpful information and (I hope) answer your questions as you search for a legal service that’s right for you.
How can I stop a wage garnishment? If I file, will the bankruptcy court take everything I own? Do I have to go to bankruptcy court? What will the bankruptcy trustee ask me? Can I be thrown in jail by a creditor?
These are just a few of the common questions I get from people desperately seeking debt relief and looking for low cost bankruptcy lawyers in NYC. The answers to these questions are definitely important, as they will often make or break a person’s decision to file bankruptcy relief.
The Bankruptcy Code was designed to give debtors who are unable to repay their debts a fresh financial start. At the Law Office of Richard Kistnen, we can help you learn about the bankruptcy process, all the potential costs involved (like the legal fee and the bankruptcy filing fee) to help you decide if filing bankruptcy is right for you.
For many people, looking for bankruptcy assistance is considered the absolute last option when it comes debt relief. Often, however, filing a bankruptcy petition is the quickest and most affordable solution to free many people of overwhelming and crushing unsecured debt, and the fastest and easiest way to take advantage of this solution is with low cost bankruptcy lawyers in NYC, like the Law Office of Richard Kistnen.
What does a bankruptcy law firm do?
Most people with debt problems don’t know they have a legal option-that they are eligible to file for bankruptcy. (In fact, thanks to bad internet legal advice, many a debtor mistakenly believe bankruptcy is only for business owners or people who make too much money.) Filing for debt relief under the Bankruptcy Code can give you a great chance to get your finances back on track and rebuild your credit, either by eliminating debt or by restructuring your payments so you can pay back what you owe.
People file bankruptcy when they have more debt than they can afford to pay back. Generally, there are two main types of bankruptcy that consumer bankruptcy filers will use: Chapter 7 bankruptcy and Chapter 13 bankruptcy. Chapter 7 refers to liquidation, and Chapter 13 refers to a repayment plan.
The legal assistance that a bankruptcy law firm provides is to help you navigate (1) whether you qualify to file bankruptcy, (2) whether it makes sense to file bankruptcy, and (3) what a debtor can expect once they do file a bankruptcy petition. Experienced bankruptcy legal counsel will help the client decide which of the different types of bankruptcies is best for them and why.
How much does a bankruptcy attorney cost?
It can be a tough decision to file bankruptcy, but for many people, and especially for those facing something like foreclosure or a wage garnishment, filing for bankruptcy protection may be the only way to have a financial fresh start. No matter what your reason is for considering bankruptcy, it is important to have all of your questions answered by a bankruptcy lawyer (even if, let’s say, you don’t qualify for legal aid or been waiting for ever for a law firm pro bono program) before you take the plunge. One of the most common questions that people have before filing bankruptcy is “how much do bankruptcy lawyers cost for an initial consultation?”
While hiring an attorney is almost always the best way to deal with legal problems, the cost of legal services is often a barrier to people seeking legal help. Many people don’t realize that local bankruptcy lawyers may charge much less for legal services than other types of lawyers, such as if you’re dealing with a family law issue or something like criminal defense.
When it comes to legal counsel for bankruptcy protection, the legal fee for a bankruptcy attorney is probably comparable to what many people would pay for legal assistance with residential real estate transactions, often on a flat fee model with ranges from $500 to $2,000 for a Chapter 7 bankruptcy and between $850 and $3,500 for a Chapter 13 case.
The amount you pay will depend on the attorney’s level of experience and the total cost of your case, including things like the bankruptcy court filing fee, as well as the costs of the courses required to be completed under bankruptcy law. You can find a current schedule of the bankruptcy filing fee by clicking here.
Another cost to be factored in when considering attorneys’ fees often arises when a debtor is facing foreclosure and needs to file a chapter 13 bankruptcy petition. In addition to thee extra legal service and court appearances that a bankruptcy law firm has to provide in a chapter 13 bankruptcy as opposed to a chapter 7 bankruptcy case, an expense that is oft overlooked in coming up with the proposed repayment plan is the commission that gets paid to the chapter 13 bankruptcy trustee.
You can find a deeper dive on how much do bankruptcy lawyers in New York City here.
Can You Pay Bankruptcy Attorneys With a Credit Card?
Bankruptcy attorney fees should NOT be paid with a credit card. There is a prohibition in the Bankruptcy Code of incurring debt with the intention of filing bankruptcy, and this is considered fraudulent. Even the proposed attorney fees were set as a flat fee, if someone pays a bankruptcy lawyer fee with a credit card to then file their case (usually after completion of a payment plan), this may fall under the umbrella of being fraudulent. A creditor or the bankruptcy trustee may object to your discharge in such a case.
How do you find a bankruptcy attorney?
For many people, the decision to file bankruptcy comes amidst a very difficult time in life. Bankruptcy relief is incredibly powerful, however, that helps people get out of debt and receive a financial fresh start. This means that bankruptcy can wipe out unsecured debts including credit cards, medical bills, payday loans and other unsecured debt, as well as relieve a person from bad secured debt (such as a car loan for a car they no longer want or can afford).
Finding the right experienced bankruptcy lawyer may appear tough, since the choice of bankruptcy attorneys in your area can be overwhelming. One of the best places to start is to ask family and friends if they have any recommendations for an experienced and affordable bankruptcy attorney. Another great place to search for low cost bankruptcy lawyers in NYC is with search engines. Search for affordable bankruptcy lawyers near you, and check out reviews. One other great resource to research New York City bankruptcy lawyers is through the NACBA website . NACBA is one of leading organizations of consumer bankruptcy attorneys in the country, and they have an attorney finder on their website.
Of course, if you want to speak with a low cost bankruptcy in NYC, you can always contact the Law Office of Richard Kistnen by clicking here to book your confidential, no-obligation consultation , or get in touch through the contact info below.
How to prepare for a meeting with low cost bankruptcy lawyers in NYC?
When you want to file for bankruptcy, you may want to be prepared for your first meeting with any New York City bankruptcy lawyers you’re meeting with. When it comes to legal service, the most important thing is to make sure that you have any and all questions you have answered. Many people are uncertain what bankruptcy assistance is all about, so some common questions that people have when first meeting with bankruptcy lawyers in New York City include:
- under bankruptcy law, can I keep my car?
- if I start the bankruptcy process while facing foreclosure, can I keep my house (or other real estate)?
- does bankruptcy get rid of student loans?
- can I keep the money in my bank accounts after filing a bankruptcy petition?
- does filing for bankruptcy relief stop a wage garnishment?
- does a bankruptcy case get rid of medical debt?
- can I keep my tax return refund even after a bankruptcy filing?
- what if I owe child support in the bankruptcy process?
- if I file for bankruptcy protection, do I have to go to court?
If You’re Looking for Affordable, Low Cost Bankruptcy Lawyers in NYC, Then Contact the Law Office of Richard Kistnen Today to Book Your Confidential, No-Obligation Consultation!
If you are struggling under the crushing weight of things like unsecured debt, those always-aggressive collectors of medical debt, or maybe you received a summons from a creditor, then a bankruptcy filing may be a great option for you to get a financial fresh start quickly.
If you’re ready to get your case started and looking for low cost bankruptcy lawyers in NYC, then look no further than the Law Office of Richard Kistnen. As you may be able to tell from the articles put out on the LORK website, I care about my clients, I seek to serve and give helpful legal advice and information, and I want you to be part of the LORK family.
If you’re looking for an experienced and thorough bankruptcy law firm to get your bankruptcy process started quickly (and with a flat fee attorneys’ fees) today, click here to book your confidential, no-obligation consultation, or contact us using the contact info below!