Garden City Bankruptcy Lawyer

Are you overwhelmed by debt in Garden City?  Contact the firm.

Many hardworking and responsible individuals have faced serious financial problems during the recent economic downturn.  Many have lost their jobs, had to take a pay cut or had their mortgage payment go sky-high.  Even with government bailouts and other activities at the federal level, most individuals and families in this position have little hope of resolving the problems of crushing debt, threats of foreclosure, repossession and garnished wages.  When under the extreme stress of unmanageable debt, it is crucial that you act quickly in seeking a solution that will bring about relief and avoid losing all you have worked for.  A Garden City bankruptcy attorney from Jacoby & Jacoby can assist in finding a resolution to serious debt problems through filing Chapter 7 or Chapter 13 bankruptcy.

Bankruptcy Attorney in Garden City

Chapter 7 bankruptcy is often termed "liquidation bankruptcy" or "discharge of debt".  This form of bankruptcy provides the opportunity to become free of most types of debt.  In most cases the individual is likely to be able to keep their home through careful planning and negotiations with the lender during the process.  Filing for bankruptcy ends the calls from creditors, letters, and threats.  There is an "automatic stay" on all collection actions, and the sudden peace that comes about is the first benefit most clients experience.  The legal team at the firm provides skilled representation for clients with severe debt problems, and can assist with the following:

• Chapter 7 Bankruptcy
• Chapter 13 Bankruptcy
• Foreclosure
• Freezes on Bank Accounts
• Wage Garnishment
• Creditor Harassment

Some are not eligible for Chapter 7 or may choose to file Chapter 13, which allows for the individual to pay off their outstanding debt over a period of 3 - 5 years.  There are alternatives to bankruptcy that can be explored for those who do not wish to file.  It is important that action is taken quickly before the situation becomes worse, and the legal team has over 5 decades of experience in helping clients resolve serious debt problems.

Garden City Resource Links:

Bankruptcy Information Center

About Garden City  

Garden City Map

Contact a Garden City Bankruptcy Attorney from the firm at once if you are seeking legal help for serious debt problems.