What Is Bankruptcy?
Many hardworking people are overwhelmed with debt, which is often caused by major events like unemployment, illness, or divorce. Especially in New York City, the high cost of living creates a gap that many try to bridge by using credit to make ends meet. The stress of overwhelming debt and creditor harassment can impact your health, job and your relationships. If you find yourself in this position, you are not alone, and bankruptcy may provide you the relief you need to make a fresh start and regain control of your life.
Bankruptcy may be able to help you get rid of credit card debt, medical bills, pause foreclosures, stop wage garnishments, and generally help with your financial burdens. You are generally able to keep most of your property, but a full analysis with a bankruptcy attorney is necessary to determine how filing a bankruptcy case will affect you.
At the Law Offices of Joseph A. Romano, P.C., we can guide you through the bankruptcy process. Contact us for an initial consultation to determine if bankruptcy is right for you. In the Bronx and throughout the five boroughs, Law Offices of Joseph A. Romano, P.C., is ready to help. Schedule a free consultation by clicking the button below.