Legal Question in Bankruptcy in New York

What do I do about my debts?

I have a part time job. I do not get paid until January because of their billing cycle. What I receive, half goes to my car and insurance. I already have a judgement against me for a credit card debt. I have no way to pay it at this time. I am still looking for day employment. Will bankruptcy help? How can I afford the fees when I literally have no money?

A second question: I have a shared bank account with my sister. My account was garnished because of her, credit card debts. How can I retrieve that money. It was all mine?


Asked on 10/19/05, 2:32 pm

2 Answers from Attorneys
Andrew Nitzberg Andrew Nitzberg & Associates

Re: What do I do about my debts?

This is a difficult situation.

1. Whether Bankruptcy is right for you depends on how much you owe, whether you can protect important property (car), and your income.

If you owe less than twice your annual income, then you should talk with a lawyer or other person about whenther bankruptcy is right for you. maybe it is, but talk before you make a final decision.

My fee is 500 for a CH7 Bankruptcy (the kind you would do) and I can offer a consultation for no fee.

2. Even though the money in the bank account was put in by you, it was legally owned by both of you. What the creditors already have, they will keep. Your friend is the one who must pay you back.

Andrew Nitzberg

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Answered on 10/20/05, 12:37 pm
Jacob Silver Attorney At Law

Re: What do I do about my debts?

The Laws have changed, you Need an Attorney, and it will cost you legal fees.

I am happy to personally meet with you and discuss your situation with you to determine whether

Bankruptcy is the best option for you.

Let me help you work through this difficult situation, together.

Feel free to review my website at http://www.silverbankruptcy.com.

Please Download the Bankruptcy Checklist from here- http://www.silverbankruptcy.com/images/BankruptcyChecklist.pdf in the Get Started section.

Call Me For A Free Consultation.

If you do not have the free Adobe Reader, then Download it from the website and Install it by running it, and then go back to the website and download the checklist.

The purpose of the checklist, is to ensure that I have all of the necessary information in developing

a solution for your situation.

Fill out the Form, then Contact me for your Free Consultation.

I look forward to working with you.

Thank You

Jacob Silver

Attorney At Law

26 Court Street

Suite - 2511

Brooklyn, NY 11242

[email protected]

www.silverbankruptcy.com

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Answered on 10/19/05, 8:44 pm


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