Author: Kenneth Halpern

Kenneth Halpern, dedicated bankruptcy lawyer serving Nassau, Suffolk and the Five Boroughs. For over 35 years, I have been helping my clients deal with the legal problems due to overwhelming debt and foreclosure. If you need legal counsel for bankruptcy, representation to save your home, to protect you from creditor harassment or strategic advice to discover alternatives to bankruptcy, such as loan modifications, I will work to create individualized solutions to your situation.
Chapter 7 bankruptcy Long Island

All You Need to Know About Chapter 7 Bankruptcy

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Chapter 7 bankruptcy filing is the most common and one of the simplest forms of bankruptcy. In this case of filing a bankruptcy case, if the assets of the debtor are not protected by any exemption then those assets can be sold and their net worth is distributed among the creditors. The amount is distributed to the creditors as per the priorities established in the court. In a successful filing of the chapter 7 bankruptcy, you need to hire a debt attorney who has the knowledge of handling your bankruptcy case by paying the right amount of fees which is differently charged by different attorneys.

What is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy is widely known as the liquidation or straight bankruptcy. The court appoints a trustee who can identify all the assets of the debtor and sell them to pay to the creditors who claimed their debt in the right manner. In this filing of bankruptcy scenario, the debtor can keep enough assets as an exempt property to do a fresh start.

How to Prepare for Chapter 7 Bankruptcy?

When you are filing for Chapter 7 bankruptcy, then you need to hire and take advice from among the best bankruptcy lawyers in Long Island. A good lawyer can help you with the proper filing for your bankruptcy case in the court. Before that, you need to gather all your financial records such as loan documents, financial statements, pay stubs, etc. This information is essential as the lawyer asks you to use this information to fill out the schedules, bankruptcy petition, statement of financial affairs and other documents that needs to be filed with the court.

Read Also: Advantages of Hiring a Bankruptcy Attorney

The documents that are filed in the court for the case of bankruptcy under chapter 7 include the voluntary petition for relief, declaration regarding debtor’s education, statement of financial affairs and the schedules of assets and liabilities. The main motive of depositing these documents in the court is to open up the debtor’s financial condition. The inclusion of assets, liabilities, creditors, debtors, income, expenses, property transfers, etc is extremely essential.

How to Get Credit Counselings Done for the Case of Bankruptcy?

It is important to go for credit counseling when you file for the bankruptcy case. The advice of an expert bankruptcy attorney Long Island is important before the filing of the case in the court. The applicant can grab the information over the phone, online or by meeting the lawyer in person. It is very important to clarify all the details related to chapter 7 bankruptcy filing to get it done perfectly. The advice of a bankruptcy attorney can help you with certain ways to keep you out of the bankruptcy condition.

A bankruptcy attorney ensures that your bankruptcy filing will go smoothly.

Read Also: Benefits of Hiring a Bankruptcy Lawyer

debt attorney Long Island

Why Hire a Professional Debt Attorney?

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Bankruptcies are critical and always needs professional help to get rid of the critical situation. If you are struggling with your bankruptcy case then the foremost task is to hire a debt attorney Long Island for getting further professional help in your case.

Though individuals have the right to file for their bankruptcy case without the help of a lawyer but hiring a professional can take the lead from the start and provides you the right guidance till the end of your bankruptcy case. All you need to do is to find the best bankruptcy lawyer available in the market. Filing for bankruptcy is the correct course of action and to file it right in the first attempt is the start of the success of your bankruptcy case. A professional help you in filing the case with the right list of documents so that it will not get rejected in the court.

Why hire a bankruptcy lawyer?

Filing for bankruptcy in the right manner will trigger the automatic stay that prevents creditors in following the debtor for the collection of the debts. Filing a bankruptcy case can stop a lot of things such as creditors capturing your personal property, calling you on phone, suing you, harassing you, etc. All these things can be perfectly handled if you are having an expert’s help. Long Island bankruptcy law help offers you the best advice and helps you in overcoming the critical situation. The following are the advantages of getting legal help for your bankruptcy case.

  • Representation: How are you going to represent your case in front of the judge is very important. It is one of the important factors that decide your success or failure. Debtors facing bankruptcy needs to do a lot of communication with the creditors about negotiations and settlements and handling of the court proceedings. Some filers of bankruptcy find it extremely difficult and need the help of a professional.
  • Experience: Bankruptcy law is quite complicated thus, it is important to hire an expert Bankruptcy lawyer who is capable of handling your bankruptcy case. Handling the bankruptcy case requires the knowledge of both the state as well as federal law. Moreover, the case requires a lot of paperwork and detailed documentation of all the assets and liabilities of bankruptcy filer.
  • Insurance: Hiring a debt attorney Long Island helps in dealing with a lot of important aspects of your case. The lawyers also carry malpractice insurance which means that if that lawyer commences any mistake the bankruptcy filer needs to bear the losses.
  • Professional courtesy: Professionals are important for the bankruptcy case as they know the professional courtesy that is important in the court.

Therefore, a professional attorney is certainly useful for handling the case.

Read More: Points to Check While Searching/Hiring a Bankruptcy Lawyer

How to Select a Bankruptcy Lawyer

Why There Is A Need To Hire A Professional Debt Attorney?

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Professional Debt Attorney

When you are stuck knee-deep in debt, it is the condition that you are not able to pay to your creditors in any way. This situation of yours is known as bankruptcy. This critical situation can arise with any individual or a company. To get rid of this trouble, there is a requisite to hire a professional debt attorney Long Island. It has been seen that the attorneys that are not experienced and are not able to clear off the bankruptcy case of their client put a long term negative effect on the client’s credit score. Therefore, hiring an attorney is not only important but hiring an experienced lawyer for your case is the necessity to get rid of this bankruptcy case.

Why there is a need to hire a professional debt attorney?

Kenneth-Halpern

The importance of hiring a professional debt attorney that has a proven track record of handling your case such as negotiating lower payments for those who are in debt, etc is unmatched. If you are in debt, then the first thing that you can do is to hire a professional and experienced debt attorney Long Island by following proper market research. There are many debt attorneys available to serve your bankruptcy case but hiring a professional is the necessity to win your case. This article helps you in knowing the seriousness of hiring a professional debt attorney.

  • Stop calls from creditors:  Creditors are really annoying and can disturb your peace by keep calling the one who is in debt and who needs to pay them. The situation is quite disturbing as the person in debt needs to face a lot of humiliation and not in a condition to ignore them as well. Thus, hiring a debt attorney is quite helpful in handling this situation. You can learn a lot of ways from your lawyer to handle your creditors or ask your lawyer to handle the annoying creditors. Thus, professional help can stop the appearances of creditors at your front door, phone calls during the day and night, etc.

 

  • Find financial stability in your life:  When you are dealing with the most critical condition of your life in the face of bankruptcy, you are looking for multiple ways to grasp financial stability for you and your family. An experienced lawyer will help you in organizing your finances to get a hold on your priority financial needs. You learn ways to control your unnecessary expenses and to spend on your required payments. A professional lawyer can help you in creating your budget that can sustain your income level.

A professional debt attorney Long Island follows the fair practices and helps the bankrupt in settling the creditors and maintains the required level of income.

Read also:  Best Bankruptcy Lawyer in Long Island

 

Hire the best legal counsel for bankruptcy in Long Island – Kenneth Halpern

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Kenneth Halpern is a legal counsel for bankruptcy, representation to save our home, to protect us from creditor harassment or strategic advice to discover alternatives to bankruptcy, such as loan modifications and he will work to create individualized solutions to our situation.

Kenneth Halpern helps in every bankruptcy case and he is a specialized, professional and experienced Bankruptcy Attorney in Long Island and they can help you to get escape from it. Get a free consultation from our Long Island Bankruptcy Attorney, Kenneth Halpern, through our website or by calling the law office at 516-222-1199.

Kenneth-Halpern

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Hire the Bankruptcy Lawyer

Tips to Hire the Bankruptcy Lawyer

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A bankruptcy attorney is a legal professional who will represent you and your case of bankruptcy in court. Thus, it is very important to search and select the best Bankruptcy Attorney in Long Island. But finding and hiring the best one is not an easy task. So, here we are giving you a few tips which can help you in locating the best Bankruptcy Lawyer in Long Island.

Take a look:

  • Tap your network

Before you actually step into the market it is better to look out for references and recommendations from your professional and personal network. This will make your research a bit easy. So, start looking around for them from your network.

  • Ask other legal professionals

Another way to come up with the best names is to seek advice from some other legal professionals. Generally, the ones who have legal professional background have good knowledge about bankruptcy lawyers too. This could be yet another way of starting your hunt.

  • Go to a bankruptcy court

Observing bankruptcy lawyers in action at court could also help you in figuring out some good names. A court is a place where you can get many local attorneys with different specializations. So, make sure to append at least one day in court too.

Once you have completed your research and have finalized the list of few than a few other points of considerations that can help you in finalizing one from them are:

  • Count on their experience and past work record

The first and foremost thing that you need to consider while fixing an appointment with the lawyer is to look at their experience and competence skills. This will help you get an idea of their efficiency and performance.

  • Their availability and communication skills

Another important point that you need to look for is their availability to handle your case. Talk to them openly and clearly, this will help both the parties to know each other in a better way. Ask them about their convenience to fit your needs.

  • Their legal knowledge and services

Prepare a list of questions which can check their proficiency and efficiency. Some of the basic things which you can ask are their certifications, their past work record in handling such cases etc.

  • Don’t forget to consider their fees and charges

Last but not the least; don’t forget to clearly ask them about their charges and fees. Also, don’t forget to get an idea of any tax fees, consultation fees or any other kind of hidden charges.

Read Also:

Tips to Choose a Bankruptcy Lawyer
Benefits of Hiring a Bankruptcy Lawyer
How to Select a Bankruptcy Lawyer?

Advantages of Hiring a Bankruptcy Attorney

Advantages of Hiring a Bankruptcy Attorney

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Filing for bankruptcy needs hiring an experienced Long Island bankruptcy lawyer is of extreme significance. Bankruptcy is a very critical condition in which the bankrupt is not able to pay the debts of the creditors. Soon after analyzing the bankrupt situation the person require professional help for preventing the creditors from regular calling and ask for debts or suing the debtor or taking any legal action.

Is the bankrupt condition good?

The only advantage of falling into bankruptcy is that the debtor does not need to pay off the debts to all the creditors. The debtors have discharged off their debts that mean that the debts are forgiven and the person is no longer responsible for them. Thus, the person has the legal documents that support the condition of not paying the debts.

Advantages of hiring a bankruptcy attorney

Bankruptcy is a condition that can be dealt with both the individuals and the business. Companies or individuals that are in the bankrupt situation choose to file for bankruptcy when they are not able to repay their debts. Hiring a Long Island bankruptcy attorney can be of great help to deal with the situation. The lawyers help their clients from filing the case of bankruptcy until the case ended in the court. Following are the reasons or benefits of hiring a bankruptcy attorney.

  • Experienced help: Bankruptcy is a critical condition that cannot be resolved without professional help. The law of bankruptcy is quite complicated; to tackle the situation it is important to get professional help. Even if the bankrupt person or entity files the bankruptcy case on their own, the further steps of the process require the knowledge of both the federal and state law. Professional help is required to do the extensive paperwork and detailed documentation of the debtor’s assets and liabilities.
  • Representation: The state of bankruptcy requires the debtors to inform their creditors about the settlements, negotiations etc. This is required to be done properly and is not possible by the filer itself.
  • Insurance: Attorney’s give malpractice insurance, so if a lawyer makes any mistake then the bankruptcy filer is eligible for the compensation for any losses.

Hiring a Long Island bankruptcy lawyer is necessary for professional courtesy.

Tips to Choose a Bankruptcy Lawyer

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Bankruptcy is a very critical state in the life of an individual whether it is personal or bankruptcy in business. This is the condition when the individual is not in the condition to pay to the debtors or struggling from a long time to repay the debtor’s amount. At this point in time, it is very important to hire an experienced bankruptcy lawyer. There is ‘n’ number of a bankruptcy attorney in Nassau County that is specialized in handling even the difficult cases of bankruptcy. A general practitioner is not the right consideration to help you save from this tough situation. It is very important to look for a reliable and professional attorney that must have years of experience in handling the bankruptcy cases.

Choose a bankruptcy lawyer

The state of filing for a bankruptcy case requires expert advice to keep the things on the right track. Any mistake in filing the case can lead in the case rejection and also restrict the individual in filing for the bankruptcy again. So, to consider the criticality of the situation it is very important to seek the help of a professional bankruptcy lawyer in Nassau County. For many attorneys, bankruptcy cases are just a mode of earning money and they do not pay much attention in the details. It is good to follow the below tips to hire a right attorney for the bankruptcy case.

  • Signs of professionalism: Always look into the details before hiring a lawyer and the first thing to consider is to check the signs of professionalism. A professional knows the right way of the process and keep the case on the right track. A professional bankruptcy lawyer can offer competent representation.
  • Meet the lawyers: It is good to meet some of the lawyers personally. Go through their websites and look at the forms available that can help you in knowing whether you qualify for a bankruptcy or not.
  • Personal references: The search for a good bankruptcy attorney in Nassau County can never complete without looking into your personal contacts list.

Grab a reliable and expert bankruptcy attorney to tackle this difficult situation.

Benefits of Hiring a Bankruptcy Lawyer

Benefits of Hiring a Bankruptcy Lawyer

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Filing the case of bankruptcy is a very frightening process. Before hiring a bankruptcy lawyer in Long Island, it is important for the individual who is filing the case needs to consider a lot of elements and to get answers to many questions. Most of the customers end their search while dealing with the strict procedure and finding the answers to various complicated questions. Knowing to deal with the process is very important to hire the right lawyer to handle your case. It is very important to make the list of most successful lawyers and then shortlist them by considering all the criticalities of the case. Hiring a right bankruptcy lawyer for your case is very crucial to ensure that your filing is successfully handled.

Benefits of hiring a bankruptcy lawyer

Bankruptcy is another chance given to the individual to get rid of the debts that are not paid. Bankruptcy is a condition that can happen with anyone who has lost the job, or deals with a strong sickness and is not able to pay the medical bills and loans from the creditors etc. There can be various reasons for filing a bankruptcy case. Choosing the best bankruptcy attorney in Long Island can save you from the situation.

  • Lose your debt: After winning the case of bankruptcy with the help of a good bankruptcy attorney helps you in losing all the debt. You can get instantly rid of all your due bills and payments from various creditors that you have taken during a hard time. The right bankruptcy attorney having the required experience knows all the critical things of the filing and knows how to handle them.
  • No more harassment: An experienced bankruptcy lawyer in Long Island helps you in getting rid of all the harassment that you have faced by your creditors. The situation of creditors calling to know when you are going to pay the debt is really annoying.
  • Filing of bankruptcy case successfully: A right bankruptcy attorney helps in filing the case successfully. It is important to file the process with no error as this may cause the denial of your case in court.

Hiring a professional bankruptcy lawyer to assure no mistakes in the bankruptcy case.

Read Also: Benefits of Hiring an Attorney in Bankruptcy

How to Select a Bankruptcy Lawyer

How to Select a Bankruptcy Lawyer?

Published on by Kenneth HalpernLeave a comment

It is very easy to increase your debt but the situation of failing to repay the debt is not good and is known as bankruptcy. It is the worst condition that people face when they are not able to buy as they cannot afford. To add in the critical situation is a lot of debt and the people’s pressure to repay it. The best situation to handle the scenario is to hire a bankruptcy attorney in Long Island. There are many lawyers who practice bankruptcy and handle the case of the individuals or businesses that are trapped in bankruptcy.

Tips to select a bankruptcy lawyer

To handle the worst condition i.e. bankruptcy, it is good to hire an experienced and reliable bankruptcy lawyer. You need to work deeply on the process of finding to come out successfully of this critical condition. Following tips can help you find a suitable debt attorney, Long Island.

Read More: Benefits of Hiring an Attorney in Bankruptcy

Personal references

The first option that you can look at is to your personal references. Ask your friends and family if they know any good bankruptcy lawyer. References are genuine and can be best trusted as offered by the people you trust the most. if you have any contact who has the knowledge of bankruptcy’s legal terms, you can consult to ask for the suggestion on how to choose the best lawyer.

Internet search

A thorough internet search an looking for best bankruptcy lawyers can help you find the one that fits best to handle your case. You can find the lawyer’s complete information on the internet such as the number of case handled, types of case handled, and the number of years in the industry etc. You can easily relate your case and contact the lawyer for further discussion.

Talk to the selected lawyer’s list

After selecting a few lawyers, it is good to give them a call and talk about the main points of your case. You can clear most of your doubts by talking to the lawyer. This makes your search narrower.

Follow the above tips to find the most suitable bankruptcy attorney in Long Island for your case.

Read More: Benefits of Hiring an Attorney in Bankruptcy

Benefits of Hiring an Attorney in Bankruptcy

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Benefits of Hiring an Attorney in Bankruptcy

Bankruptcy is a state when an individual or a business is not in a condition to pay their debt to the creditors. In most of the cases of Nassau County bankruptcy, it is imposed by the jurisdiction and is initiated by the debtor and in some cases; it is also filed by creditors which is least common. People and businesses can become bankrupt for various reasons such as insolvency, liquidation, failure, debt, indebtedness, ruination and many more. It is important to find an efficient bankruptcy attorney to deal with your case. There are many experienced lawyers available in Nassau County; the most important thing is to choose the best.

Reasons for bankruptcy

As per the current economic condition, bankruptcy at the personal level has reached an alarming rate. According to research, there are many people in the United States who file for bankruptcy every year. Among them, more than ninety-five percent bankruptcies are filed by the individuals and not businesses. There are many reasons that individuals go bankrupt.

  • Medical Expenses: Private medical expenses in the United States are quite expensive. In many cases, people can go bankrupt due to their large bills of medical.
  • Reduced Income: Less income and high expenses are one of the most common causes of bankruptcy. Many companies are cutting out their expenses which ultimately burden the individuals that find difficulty in balancing their expenses and income.
  • Job loss: The loss of job along with the stable expenses brings the need of hiring Nassau County Bankruptcy attorney to deal with their filing.
  • Credit Debit: This is the result of spending which is not done in a responsible manner. The reason for credit debt can be illness, job loss, emergency expenses or an unexpected reduction in income.
  • Divorce: Divorce causes an equal amount of loss for both husband and wife. It is also liable to take some portion of the partner’s debt which can cause bankruptcy.
  • Bad Budgeting: It is also an important reason for bankruptcy. It is very important to save money for the future to deal with any emergency situation and to avoid being bankrupt.

Benefits of using a lawyer for Nassau County Bankruptcy

Filing a report for your bankruptcy situation is not an easy process. It is important to consider many factors and there is also a need to answer many questions. It is good to hire a reliable attorney for the following reasons:

  • Easy filing process: After knowing your situation of bankruptcy, you are required to file a petition. The filing process is very crucial and does not support any error. Hiring an attorney helps in the smooth running of the process
  • Understanding your options: It is important to know whether bankruptcy is the correct choice for you and your family. A good bankruptcy lawyer can help you determine your current financial situation, short-term goals and long-term goals. They help you in identifying your options and available rights.

Hiring an attorney can be of great help during bankruptcy as they know the procedures and help in handling them effectively.