A Fresh Financial Start

Overwhelming debt can make every day feel impossible. Bankruptcy exists precisely to give honest people a path forward — a legal mechanism to discharge unmanageable debt and rebuild your financial life with dignity.

At Justice Law Firm, we help individuals and businesses evaluate all debt relief options and, when bankruptcy is the right choice, navigate the process efficiently and effectively.

Is Bankruptcy Right for You?

Bankruptcy is appropriate when:

  • You cannot pay your basic living expenses and debt obligations simultaneously
  • Creditors are suing you, garnishing wages, or threatening foreclosure
  • You have significant medical debt, credit card debt, or personal loans you cannot repay
  • Debt negotiation or consolidation has not provided sufficient relief

We always explore alternatives first — debt negotiation, settlement, and payment plans — to ensure bankruptcy is the most appropriate and beneficial option for your situation.

Chapter 7 Bankruptcy (Liquidation)

Chapter 7 is the most common form of consumer bankruptcy. It discharges most unsecured debts — including credit cards, medical bills, and personal loans — in approximately 3 to 6 months.

Who qualifies? You must pass the Means Test, which compares your income to the New York state median. Many filers qualify.

What is protected? New York exemptions protect significant assets including your home equity (up to $179,975 in many counties), retirement accounts, household goods, and a vehicle.

Chapter 13 Bankruptcy (Reorganization)

Chapter 13 allows individuals with regular income to repay debts over a 3- to 5-year plan while keeping all assets. It is particularly useful for:

  • Saving a home from foreclosure (curing mortgage arrears through the plan)
  • Repaying non-dischargeable debts like certain taxes and student loans
  • Protecting assets that exceed exemption limits

Business Bankruptcy

We represent businesses in Chapter 11 reorganizations and Chapter 7 liquidations, helping owners and stakeholders navigate complex restructuring while protecting their interests.

Life After Bankruptcy

Bankruptcy is not the end — it is a new beginning. We counsel clients on rebuilding credit, understanding their post-discharge obligations, and making the most of their fresh start.