My name is Stefan Coleman and I am one of the most inspired and enthusiastic NYC bankruptcy lawyers you will ever meet.  Why?  Because everyday I get the chance to help people get a fresh financial start for them and their families.  I have clients who came to me with $25,000 to $100,000+ of debt and absolutely no way to pay off that debt.  I am able to help those clients totally wipe away that debt in a chapter 7 bankruptcy.  Do you understand now why I am so passionate about what I do?

What Does Bankruptcy Mean to You?

For many people, bankruptcy means freedom from their past, freedom from their debts, a restart button on their financial life, and so much more.  If you’ve grown up in our society though, you may also have a negative feeling when you think of bankruptcy.  This is almost certainly caused by the credit card companies who want you to feel bad for filing bankruptcy.  Of course, they want to create this sense in people for their own business interests.  In reality, the concept of bankruptcy is a time-honored tradition existing as far back in recorded history as the Bible, where certain people were freed from their debts after a certain number of years.  Bankruptcy is such a time-honored concept that the founders of our Constitution wrote into our Constitution a provision for bankruptcy.  No matter how you look at it: bankruptcy gives honest, but unfortunate people the ability to start afresh with their finances and freedom for their past debts.

Imagine Your Life Without the Debt

I want you to try and figure out roughly how much money you owe in credit card debts, medical bills, and utility bills.  Do you have that number?  Do you think you could pay off that number anytime in the near future or has that number spun so out of control that there is no way for you to pay it off?  Now imagine that debt magically disappearing from your life forever, that is the power of a chapter 7 bankruptcy.

I have had clients who have had $100,000 or more in credit card debt and I was able to literally wipe it off his records forever in just a matter of a few months.  In addition, I was able to help this client retain most, if not all, of his assets.

Can You Keep Your Assets?

Most people want to know what they will have to give up when they file.  In practice most of my clients retain most, if not all of their assets through bankruptcy.  This is truly an incredible opportunity.  You can wipe away your debt and keep most of your assets, maybe now you can understand why I am so enthusiastic about being a bankruptcy lawyer.

In New York you can keep your home, your car, household goods, and personal property as long as it is within a certain equity amount.  For instance, if the equity in your house is less than $50,000 ($100,000 if married and filing jointly) you can keep your house though you are filing for bankruptcy.  Even if the equity is above that amount you may still be able to keep that property.

What’s the next step?

The next step is for you to call me for my FREE over-the-phone consultation where I will go over your finances and tell you right over the phone whether you qualify for bankruptcy.  Also, I will discuss with you what debts you can erase and which assets you can keep.  To get started give me a call right now (646) 233-0645 at my office in NYC.