Bankruptcy Questions? We Have The Answers
Chapter 7 and Chapter 13 bankruptcy serve different purposes based on your financial situation. Chapter 7, often called “liquidation bankruptcy,” eliminates most unsecured debts, like credit card balances and medical bills, typically within a few months, offering a fresh start. It’s ideal for those with limited income and few assets. Chapter 13, known as a “reorganization bankruptcy,” allows you to keep your property while repaying debts through a manageable 3- to 5-year plan. It’s suited for individuals with a steady income facing foreclosure or significant debt. Attorney Paul Silk Cooper, with over 28 years of experience, will assess your case to determine the best option for you.
At The Silk Cooper Law Firm, P.C., we can help stop foreclosure or wage garnishment by leveraging bankruptcy protections. Filing for Chapter 7 or Chapter 13 bankruptcy triggers an “automatic stay,” which immediately halts creditor actions like foreclosure proceedings or wage garnishment. For foreclosure, we may negotiate loan modifications or explore other defenses to protect your home. For wage garnishment, the automatic stay pauses collections, giving us time to restructure or eliminate debts. Attorney Paul Silk Cooper’s extensive experience ensures tailored strategies to safeguard your financial future in Rockland County.
The cost of hiring a bankruptcy lawyer depends on the complexity of your case and the type of bankruptcy filed. At The Silk Cooper Law Firm, P.C., we strive to provide transparent and affordable legal services. For detailed pricing and payment options, please contact us at 151 North Main Street, Unit #403, New City, NY, for more information. Attorney Paul Silk Cooper offers a consultation to discuss your needs and provide a clear cost estimate tailored to your situation.
To start a bankruptcy case with The Silk Cooper Law Firm, P.C., you’ll need to provide key documents to ensure a smooth process. These typically include: recent tax returns, pay stubs or proof of income, a list of debts (e.g., credit card statements, medical bills, or mortgage details), a list of assets (e.g., property, vehicles), and any relevant legal documents (e.g., foreclosure notices or wage garnishment orders). During your consultation at our New City office, Attorney Paul Silk Cooper will review your situation and provide a detailed checklist to streamline your case preparation.