Hire a Trusted Armonk, NY Debt Consolidation
Expert When Filing For Bankruptcy
Are you drowning in debt? This law firm can help!
Jafri Law Firm of Armonk, New York announces
the launch of its updated bankruptcy legal
services.
If you are an individual or business owner who is
overwhelmed with debt, the practice can assist you in
finding a path forward.
This updated offering provides you
with a crucial financial lifeline that
enables you to have a fresh start.
Jafri Law Firm is staffed with highly
experienced lawyers who can
handle all types of bankruptcy
classifications.
Given the lockdowns caused by the current pandemic, many brick-and-mortar
stores saw foot traffic and revenues plummet. As a result, many employees have
either been furloughed or laid off from their jobs.
The drastic reduction or loss of
income may have put you in financial
peril as you are no longer able to pay
off loans.
Filing for bankruptcy allows you to either
delay debt repayment, get better terms for
your loans, or waive payment altogether.
Jafri Law Firm explains you will likely qualify for one of three bankruptcy
categories. The first is Chapter 7 bankruptcy, which is ideal if you wish to wind
down your business and write off financial obligations.
Chapter 11 bankruptcy, meanwhile,
is designed to restructure and
reduce debt so that your enterprise
can continue operating.
Lastly, Chapter 13 bankruptcy
lets you reorganize both business
and personal debt.
Learn more by visiting
https://www.jafrilawfirm.com/
practices/bankruptcy