Bronx, New York City Bankruptcy Attorney – Working in our communities for our communities
Bankruptcy is a powerful tool that can help both people and businesses gain control after financial difficulties. The available types of bankruptcy for individuals and companies are:
- Chapter 7 – commonly referred to as a liquidation
- Chapter 11 – a restructuring
- Chapter 13 – an individual restructuring
Each of the above chapters provide different forms of relief and not all are available to every debtor.