Lawyers in Queens

Providing Personalized Attention with Our Legal Services to Individuals and Businesses in New York City in Matters Related to Estate Planning and Bankruptcy Law

Are you in need of legal representation in the practice areas of estate planning or bankruptcy law? Many clients from the five boroughs come to our legal practice with questions and concerns about estate law and bankruptcy. As your legal representatives, we will always look out for your best interests in and out of court as we seek the most satisfactory outcome to your legal issues.

Estate planning, probate law, will contests, and other estate law matters can be highly complex, not least of all because they often concern close family members and their futures. On the internet, you will find do-it-yourself estate planning tools, but these do not have much flexibility and rarely reflect the complexities of our lives. Suppose you go through the estate planning process with a paint-by-numbers approach. In that case, you may find difficulties that could result in future disputes, potentially even those that occur long after we are gone. To ensure that your interests and wishes are followed in life and death, we must advise you to work with experienced estate planning attorneys.

It may be worth considering declaring bankruptcy if you are drowning in debt and don’t know how to get out. The bankruptcy process in New York can be complicated, and any small error could cost you time and money. Our past track record speaks for itself as we proudly serve the residents of Queens in complex bankruptcy matters, including Chapter 7 and Chapter 11 filings. Please contact our NYC law firm to schedule a case review to determine whether bankruptcy is the right course of action for you.

Our Queens law firm offers consultations to prospective new clients interested in retaining our legal services. In your case consultation, we will review the facts of your legal issues and help determine your options going forward. To speak with an attorney, please contact us and schedule your no-obligation case evaluation today.

What Legal Areas Does Our NYC Law Firm Represent? 

Our Queens law office primarily represents clients in bankruptcy law and estate planning, plus the various subcategories that go along with these practice areas.

Our bankruptcy services include the following:

  • Assistance in filing bankruptcy petitions for Chapter 7 or Chapter 11 
  • Defense of your legal rights from creditors filing lawsuits against you or harassing you
  • Exploring alternatives to bankruptcy
  • Help determine exempt and non-exempt assets for liquidation bankruptcy
  • Legal representation in bankruptcy disputes
  • Negotiating repayment plans that suit your needs
  • Unfreezing frozen bank accounts
  • And more

The estate planning services our New York law firm provides include the following:

  • Business succession planning
  • Drafting and revising various estate planning documents, including wills and trusts
  • Estate administration legal representation
  • Kinship matters
  • Legal guidance throughout the entire probate process
  • Probating or administrating in New York Surrogate Court
  • Representation in estate or probate litigation
  • Steps to avoid probate
  • Techniques for minimizing estate taxes
  • Trust administration legal assistance
  • Wealth protection and asset protection planning
  • And more

Should You Declare Bankruptcy? 

The decision to declare bankruptcy should never be rushed into. When dealing with a difficult financial situation, you must explore all alternatives, costs, and consequences. For some of us, bankruptcy may be the only viable option, as it stops creditor collection efforts, provides some foreclosure defense, and discharges or reorganizes outstanding debts.

During a case evaluation, we will review the facts and help you determine whether filing for bankruptcy is the right course of action for you and your loved ones.

Factors that may influence the decision of whether to pursue bankruptcy could include the following:

  • The extent of your debt. Unsecured debts, such as unpaid utility bills, credit card debt, and medical bills, are typically eliminated in bankruptcy cases. However, other nondischargeable debts, such as child support obligations, criminal penalties, student loans, and most taxes, cannot be eliminated. It could be that bankruptcy is the correct legal option for you, but if most of your debts are nondischargeable, then perhaps not.
  • Your assets and bankruptcy exemptions. Whether you are planning to file for Chapter 7 or Chapter 11 bankruptcy, you must consider whether state or federal exemptions cover your assets or if you risk losing them in the process of bankruptcy. 
  • Your income. If you make more than the median income for your household size in New York, you may not qualify for debt relief under Chapter 7 bankruptcy. 
  • The urgency for debt relief. If you are under threat of repossession, foreclosure, or a pending lawsuit, bankruptcy may be a suitable option, as the automatic stay can halt collection activities and put a stop to other matters that threaten your property and income.

What Are Your Legal Options for Filing Bankruptcy?

There are two main types of bankruptcy New York that we can help handle: Chapter 7 and Chapter 11.

Chapter 7 bankruptcy is a liquidation bankruptcy. While it will discharge and eliminate most unsecured debts, such as medical expenses, personal loans, and more, certain assets may be vulnerable to being seized and liquidated to pay back your debts. Contact our law office to discuss what assets may be at risk of liquidation in the Chapter 7 bankruptcy process.

Chapter 11 bankruptcy is a debt reorganization bankruptcy process for businesses. With Chapter 11, a business can keep operating while devising a plan to repay debts. 

What Estate Planning Documents Can Our Legal Team Help You With? 

Every adult in New York has an estate worth protecting, but far too few among us have taken the time to develop a comprehensive estate plan. 

You may benefit from multiple estate planning tools and documents depending on your unique goals and needs.

Estate planning documents our legal staff can assist you in drafting, reviewing, revising, and contesting include the following:

  • A last will and testament
  • Health care proxies and advanced care directives
  • Living wills
  • Powers of attorney documents
  • Various types of trusts, including living trusts and irrevocable trusts
  • And more

Contact Our NY Law Offices to Schedule a Consultation with Our Queens Lawyers Today 

If you are living in New York State and are facing complex financial difficulties or are ready to begin the estate planning process, our legal team would be proud to lend assistance. Our law firm has extensive experience helping clients in these practice areas and a proven track record of success. As your legal representation, we will explore all options and alternatives to help you get the solutions you are after.

To discuss your case in more detail, please schedule your initial consultation with our attorneys and legal staff today. You can reach us at (917) 920-6437.