Bankruptcy Options In Ny

Summary

In New York, you have two main types of personal bankruptcy: Chapter 7, which involves liquidation of assets to repay debt, and Chapter 13, which involves a debt reorganization plan over 3-5 years. For more details, consult a bankruptcy attorney or visit www.Uscourts.Gov.

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I need some information about bankruptcy
Hello Amanda, I'd be happy to assist you. Could you please specify which type of bankruptcy you're interested in (e.g., Chapter *, *, *) and your current location? This would help me provide you with more accurate information.
Debt bankruptcy
Hello Amanda, Debt Bankruptcy usually pertains to Chapter * or Chapter * bankruptcy. The specifics can vary depending on your location. Could you please share your state of residence so I can provide accurate information?
New York
Hello Amanda, in New York, you have two main types of personal bankruptcy:
- Chapter *: Liquidation bankruptcy, assets sold to repay debt.
- Chapter *: Debt reorganization, repayment plan over *-5 years.
For more details, consult a bankruptcy attorney or visit www.uscourts.gov.