Matthew David Zimmelman

Chapter 7 bankruptcy is a neat way to eliminate your debt while often paying nothing to these creditors. Assets may be protected under state or federal law (in NY) and debtors are afforded a fresh start in approximately 3-4 months after filing.

Chapter 13 bankruptcy allows you to repay creditors over 36-months. It's a great tool to catch up on mortgage arrears or repay tax debt. With credit cards and personal loans, you may be able to pay back pennies on the dollar and then be debt free.

Bankruptcy is not always the answer. Bankruptcy may put assets at risk or impact your ability to get credit after your case ends. I negotiate directly with creditors to obtain favorable settlements and repayment terms that benefit my clients.

Your home is your most valuable asset. I work with homeowners to preserve their rights and fight to save their homes. That fight may lead to a loan modification or other favorable outcomes. Litigation may be necessary to hold the bank accountable.