Hire The Best Armonk, NY Legal Practice If You’re Going To File For Bankruptcy

Hire The Best Armonk, NY Legal Practice If You’re Going To File For Bankruptcy

Jafri Law Firm can help you navigate the complex bankruptcy process. The practice gives you more options for keeping your business afloat or saving your assets. It can handle all six types of bankruptcies, including Chapter 7 and Chapter 11 filing. 

The service is especially ideal if your finances suffered due to the current pandemic.  You will be assigned a lawyer who will assist you throughout the entire bankruptcy filing process.

As a result of lockdowns and restrictions, many people were laid off while businesses were forced to shut down. You may find yourself in a situation where you have no source of income but you still have outstanding debts that must be paid.

In many cases, filing for bankruptcy is the smartest move as it allows you to write off loans or at the very least get better payment terms. However, the process is complex, hence the need for a trusted legal advisor like Jafri Law Firm.

A successful bankruptcy filing can put an end to the harassment often done by collection agencies. Since certain assets can be declared exempt from liquidation, you can hold onto essentials like your car, home, clothing, and retirement account. With the help of a lawyer, you can also learn how to minimize the effect your bankruptcy will have on your credit rating.

Learn more by visiting https://www.jafrilawfirm.com/ practices/bankruptcy