Bankruptcy Without Embarrassment—We CAN Help YOU!
Bankruptcy lawyer Matt Hughson knows firsthand how painful and embarrassing it is for folks suffering financial troubles. He sits down with you and calmly explores your options up to and including filing for bankruptcy. Sometimes he can advise you methods for avoiding bankruptcy and sometimes he will tell you why bankruptcy is not advisable for you. Other times he will tell you why filing a Chapter 7 or Chapter 13 bankruptcy is your best option. By following the links below, you will be able to get answers to the most Frequently Asked Questions that Matt is asked but if you still have any remaining questions or you wish to schedule an appointment with Matt, you may E-mail him directly at mhughson@zifflaw.com, call our toll-free number 800-ZIFFLAW (943-3529), or our local number (607-733-8866). Let us know if we can help you.
Chapter 7 Bankruptcy—Discharge of Debts
In Chapter 7 bankruptcy, you ask the bankruptcy court to discharge most of the debts you owe. In exchange for this discharge, the bankruptcy trustee can take any property you own that is not exempt from collection (see our FAQ’s), sell it, and distribute the proceeds to your creditors. For more information on Chapter 7, see our Chapter 7 FAQ’s here.
Chapter 13 Bankruptcy—Reorganization Plan
In Chapter 13 bankruptcy, you file a repayment plan with the bankruptcy court to pay back all or a portion of your debts over time. The amount you'll have to repay depends on how much you earn, the amount and types of debt you owe, and how much property you own. For more information about Chapter 13, see our Chapter 13 FAQ’s here.
