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Pursue a Financial Fresh Start With Expert Consumer Bankruptcy Attorneys

Are you drowning in debt and feeling overwhelmed by financial burdens? While this can be quite a stressful experience to endure, try to take some comfort in the fact that you are not alone.

According to Money, an estimated 35% of Americans reported that, as of February 2024, they are facing the most debt they have ever accrued in their lives. Based on this data, you can see that many individuals are in situations nearly identical to yours.

In today’s day and age, struggling to make ends meet — let alone paying back the money they already owe — is the reality for many people. However, just because others can relate to your situation does not mean you have to continue to handle matters by yourself.

If you are facing mountainous levels of debt and receiving persistent demands from creditors, consumer bankruptcy is an option on your table. Not only does bankruptcy offer long overdue relief but it can also provide you with the fresh start you need to regain control of your finances. At the Law Firm of Michael A. Fakhoury, you’ll receive guidance from an experienced attorney who is well-versed in all things consumer bankruptcy. With Michael A. Fakhoury’s expertise, you can start paving the way to financial freedom in no time.

Empowering Clients Through Bankruptcy Litigation Expertise

Michael A. Fakhoury brings years of experience and a deep understanding of bankruptcy law to
his practice. He works closely with clients to assess their financial situation and develop effective strategies for debt relief in the context of bankruptcy.

With the assistance of his experienced team of legal advocates, you’ll find that the Law Firm of
Michael A. Fakhoury is dedicated to providing people like you with exceptional bankruptcy
litigation expertise. As specialists in bankruptcy litigation, we approach each case with a
comprehensive angle that is tailored to your unique situation.

Michael A. Fakhoury represents clients who need a comprehensive range of bankruptcy litigation services. From Chapter 7 and Chapter 11 proceedings to Chapter 13 and other bankruptcy-related filings, he also provides representation for those facing litigation, including creditor disputes and preference actions.

Hire a Consumer Bankruptcy Attorney To Guide You Toward Financial Freedom

Located in Fishkill, NY, and serving Dutchess County, the Law Firm of Michael A. Fakhoury is your trusted partner in navigating consumer bankruptcy. With years of experience and a proven track record of success, our dedicated team of attorneys is committed to providing personalized attention and unwavering support to each of our clients.

Why Hire Michael A. Fakhoury For Good Bankruptcy Advice?

Your consumer bankruptcy case will only be as good as the bankruptcy lawyers you hire. That’s why, when filing for bankruptcy, your top priority should be to find a bankruptcy attorney who specializes in consumer bankruptcy in particular.

It is undeniably imperative that you retain professional and attorneys who practice bankruptcy law in your area. With the right legal representation by your side, your consumer bankruptcy case will serve your best interests. Michael A. Fakhoury can make that happen for those who reside in Fishkill, NY, and the greater Dutchess County area.

Commitment to His Clients

At the Law Firm of Michael A. Fakhoury, your needs and concerns are at the top of his list. As a client of Michael A. Fakhoury, you can expect to receive personalized attention and legal strategies that are tailored to the specifics of your exact financial situation. Rest assured that your bankruptcy case will be handled with transparency, pure intentions, and utmost care.

Years of Expertise and Experience

As a lawyer who has extensive experience in the realm of consumer bankruptcy cases, MichaelA. Fakhoury offers a deep and thorough understanding of consumer bankruptcy law. Cases of this nature can entail complex legal processes, but they are no match for Michael A. Fakhoury.
He can tackle the complexities with confidence, proven by his lengthy track record of successful outcomes for his consumer bankruptcy clients.

Thorough Understanding of New York Consumer Bankruptcy Laws

Consumer bankruptcy expert Michael A. Fakhoury is well-versed in consumer bankruptcy laws as they pertain to New York State in particular. With his legal knowledge and experience cases of the caliber that consumer bankruptcy cases entail, attorney Michael A.Fakhoury has the capacity to provide accurate and effective legal guidance throughout the
entire legal process.

What a Consumer Bankruptcy Law Firm Can Do For You

You might be considering the idea of hiring consumer bankruptcy legal counsel, but before you retain a lawyer who can help you in this area of law,it’s important to understand what consumer bankruptcy attorneys offer. Here is what you can expect from the Law Firm of Michael A.Fakhoury.

Evaluation

Michael A. Fakhoury will assess your current financial situation. From there, he will determine if filing for consumer bankruptcy is the most fitting plan of action based on your circumstances.If he comes to the conclusion that other options are better suited, he will present alternative solutions and discuss them with you.

Education

Attorney Michael A. Fakhoury will explain the bankruptcy process as well as its long- and shortterm implications. Then, he will detail the eligibility criteria associated with filing for bankruptcy and help you understand if you meet the requirements.

Documentation

He will assist you as his client in the procedural steps associated with gathering the necessary financial documents. Michael A. Fakhoury will also ensure that the paperwork required for bankruptcy filings is filled out appropriately for your case.

Representation

He represents his clients in all bankruptcy court proceedings. Michael A. Fakhoury will attend the necessary meetings, speak with relevant creditors, and appear at all hearings that take before a bankruptcy judge.

Protection

Michael A. Fakhoury will work diligently to protect your assets to the fullest extent of the law.To the absolute best of his abilities, he will fight to exempt certain properties from liquidation and guide you as his client through the process of restructuring your debt with the end goal of retaining as many valuable assets as possible.

Negotiation

With Michael A. Fakhoury on your side, he will negotiate with your creditors on your behalf.His primary focus is reaching settlements or defining repayment plans that are reasonable.

Advocation

Throughout the entire bankruptcy process, Michael A. Fakhoury will advocate for your very best interests. He will always ensure that your rights are protected while maintaining fair treatment under United States bankruptcy law.

The Consumer Bankruptcy Services of Michael A. Fakhoury

Here are the three primary categories of consumer bankruptcy services at the Law Firm of Michael A. Fakhoury:
● Chapter 7 Bankruptcy Representation
● Chapter 13 Bankruptcy Representation
● Alternative Debt Relief Solution Assistance

Consumer Bankruptcy FAQs

What is Consumer Bankruptcy?

Consumer bankruptcy is a legal process that allows individuals to eliminate or restructure their debts in order to obtain relief from financial burdens and achieve a fresh start.

Will Filing For Bankruptcy Ruin My Credit?

While bankruptcy may have a negative impact on your credit score initially, it also provides an opportunity for a fresh financial start. With responsible financial management, you can rebuild your credit over time.

Can I Keep My Assets if I File For Bankruptcy?

In many cases, yes. Bankruptcy exemptions allow individuals to retain certain assets, such as their home, car, and personal belongings while eliminating or restructuring their debts.

What Are the Different Types of Consumer Bankruptcy?

The two primary types of consumer bankruptcy are Chapter 7 and Chapter 13. Chapter 7 bankruptcy involves liquidating assets to pay off debts, while Chapter 13 bankruptcy involves creating a repayment plan to settle debts over time.

Who is Eligible To File For Chapter 7 Bankruptcy?

Eligibility for Chapter 7 bankruptcy is determined by a means test, which evaluates an individual’s income and expenses to determine if they qualify for Chapter 7 relief. Generally,individuals with low income or who pass the means test can file for Chapter 7 bankruptcy.

What Debts Can Be Discharged in Chapter 7 Bankruptcy?

In Chapter 7 bankruptcy, most unsecured debts such as credit card debt, medical bills, and personal loans can be discharged. However, certain debts such as student loans, child support,and some tax debts may not be dischargeable.

What is the Difference Between Chapter 7 and Chapter 13 Bankruptcy?

The main difference between Chapter 7 and Chapter 13 bankruptcy is how debts are handled.In Chapter 7, most debts are discharged, while in Chapter 13,individuals repay a portion of their debts through a court-approved repayment plan over three to five years.

How Long Does a Chapter 7 Bankruptcy Stay on My Credit Report?

A Chapter 7 bankruptcy can remain on your credit report for up to ten years from the filing date.However, its impact on your credit score may diminish over time as you rebuild your credit.

Can I Keep My Assets in Chapter 7 Bankruptcy?

In Chapter 7 bankruptcy, individuals may be able to keep certain exempt assets such as their primary residence, vehicle, and essential personal belongings. However, non-exempt assets may be sold to repay creditors. It’s crucial to consult with a bankruptcy attorney to understand exemption laws and protect your assets to the fullest extent possible.

Reach Out To the Law Firm of Michael A. Fakhoury Today!

If you are up to your ears in debt and desperately looking for a way out, consumer bankruptcy is worth considering. Don’t wait any longer! Schedule your free consultation with the Law Firm of Michael A. Fakhoury immediately.

Let Michael A. Fakhoury do what he does best by helping you navigate the complexities of bankruptcy. Contact us today! Start by scheduling your free consultation online or calling the office at (845) 896-5200.

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