Rochester NY – Bankruptcy Law
Skilled In Debt Analysis –
Admitted To Practice In U.S. Bankruptcy Court In April 1992
Attorney Krieger will review your debts, income and expenses and can determine if you are eligible for debt relief in bankruptcy. He’ll answer all your questions about the bankruptcy process and the outcomes you should expect.
Reprieve through automatic stay
Creditors’ often aggressive collection methods unfairly compound the stress of escalating debt. You can put an end to the constant harassing phone calls and letters meant to intimidate you into paying debts you cannot afford. As soon as you file for bankruptcy, creditors must immediately stop collections efforts, including those distressing letters and phone calls. We then deal with your creditors in court so you can regain your peace of mind.
Your bankruptcy options in New York
Chapter 7 bankruptcy — If you and your spouse own few assets and earn relatively low wages, Chapter 7 bankruptcy is available to provide relief from your debts through liquidation of your assets. Because many household and personal items are exempt from bankruptcy liquidation, you can obtain a fresh start with limited disruption to your life.
Chapter 11 bankruptcy — If you own a corporation, partnership or sole proprietorship, Chapter 11 bankruptcy allows your business to continue operating while you pay creditors under a reorganization plan. The Chapter 11 option helps you deal with debt without losing the business you struggled so hard to build.
Chapter 13 bankruptcy — Chapter 13 bankruptcy enables you to prevent your lender from foreclosing on your home. If you and your spouse have good incomes, but sudden illness, job loss or another unexpected circumstance has interfered with your ability to pay your debts, Chapter 13 bankruptcy permits you to pay debts over time in smaller amounts.
Other Debt Relief Options
At Krieger Law we want what is in your best interest, which is not always bankruptcy. When bankruptcy is not your best option, we step in on your behalf to persuade creditors to adjust your debt and accept more reasonable monthly payments or other settlement.
Call Krieger Law at 585-325-2640 or contact us online.
As a bankruptcy law firm, Krieger Law is deemed a debt relief agency and helps people file for debt relief under the U.S. Bankruptcy Code. Your case may be taken by Krieger Law or referred to associated bankruptcy counsel.