Dissolve Your Debt

How would you feel if you could erase most of your debt? Would you get more sleep? Would you smile more or hug your kids? The truth is that there is no reason to haul around the burden of unmanageable debt when you can do something about it. Chapter 7 bankruptcy is an effective way to wipe the slate clean and get a fresh start. It won't happen overnight, but in a matter of months, you could have a whole lot less debt and a whole new outlook on life.

At the Law Offices of Richard Scott Zirt in Monticello, we are here to help reduce your stress and start again. Learn more by calling our lawyer at 800-390-5276 today.

Liquidation Is Freedom

In Chapter 7 bankruptcy, you sell off personal assets and use the money to pay your creditors. After you've sold all available eligible assets, the rest of your debt that is eligible to be eliminated is then discharged. It's important to note that not all kinds of debts are dischargeable under Chapter 7 bankruptcy. Here are some types of debt that are dischargeable under Chapter 7:

  • Credit card debt
  • Medical bills
  • Past-due utility bills
  • Business debt

Debt that is not eligible for discharge includes:

  • Alimony payments
  • Child support
  • Government student loans
  • Debt related to personal injury or death settlements for DUI/DWI conviction

Getting rid of debt is an exciting prospect. But filing bankruptcy is not without pain. If you file bankruptcy, it will hurt your credit for at least 10 years. This can affect your life in New York in many ways, but the temporary hit to your credit is still likely a better option than having unmanageable debt.

Do You Qualify For Chapter 7?

Chapter 7 is an attractive option for many who would like to file for bankruptcy, because it allows you to eliminate most kinds of debt. But not everybody qualifies for Chapter 7. If you can pay back some of your debt or your income is too high, for example, you may have to file Chapter 13 instead, in which you will repay some of your debt over time according to a plan. An experienced bankruptcy attorney can determine if you are eligible for Chapter 7, or if Chapter 13 might be the better option.

Lift The Weight Of Debt: Call Today

Schedule a free initial consultation with the Law Offices of Richard Scott Zirt today by calling our Monticello office at 800-390-5276 or by contacting us through our website. We would be happy to sit down with you and figure out how we can help you escape debt, keeping asset protection in mind, and leave our office with a brighter outlook on life and your future.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.