
The Different Bankruptcy Chapters In New York: Which One Is Right For You?
Filing for bankruptcy can be a difficult decision, but it may be the best option for you. There are different chapters of bankruptcy available such as Chapter 11 and Chapter 7 bankruptcy New York, and each one has its own benefits and drawbacks. In this blog post, we will discuss the different bankruptcy chapters in New York and help you decide which one is right for you. Keep in mind that every situation is unique, so you should speak to an attorney before making any decisions.
Chapter Seven
The first bankruptcy chapter is Chapter Seven. This type of bankruptcy is for individuals who have a lot of debt and do not have the income to pay it back. In most cases, Chapter Seven allows you to discharge your debts and start over fresh. However, there are some exceptions, such as stud...