Long Island Attorneys Blutter & Blutter Discuss How to File a Chapter 13 Bankruptcy

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(Newswire.net — January 23, 2015) Plainview, NY — Long Island bankruptcy attorneys Blutter & Blutter continue their efforts to help bankruptcy clients deal with the complicated legal procedures relating to bankruptcy and foreclosure. The experienced law firm has recently published a detailed discussion on their blog offering detailed information on filing a Chapter 13 bankruptcy. Blutter & Blutter is known for their focused and personalized service that maximizes their clients probability of success.

 

Unfortunately, the word bankruptcy has become quite familiar to many over the last few years. In the legal sense, this refers to the legal status of a person that is not able to repay the debts he or she owes to creditors. In Chapter 13 bankruptcy, the person is allowed to retain his/her property. This is the relatively preferred form of bankruptcy because it allows consolidation of the debt and creating an amicable payment plan with the help of the bankruptcy court. However, there are two eligibility requirements for Chapter 13 bankruptcy in Long Island as mentioned below:

• No bankruptcies filed in the preceding 180 days
• Unsecured debt exceeding $360,475 or secured debt exceeding $1,081,400

For many years, Blutter & Blutter has served the Long Island area with all types of legal support for both Chapter 13 and Chapter 7 bankruptcy, as seen at http://www.blutter.com/long-island-bankruptcy-lawyer/. The company’s legal representatives have the track record of finishing many Chapter 13 bankruptcy cases in favor of their clients. Blutter & Blutter is also available for 100% free consultation sessions.

Please visit the company’s website, http://www.blutter.com, for more information on filing a Chapter 13 bankruptcy.

About Blutter & Blutter: Blutter and Blutter is a law firm in Long Island that handles bankruptcy, foreclosure and tax law cases. The attorneys practicing at Blutter and Blutter successfully and consistently provide clients with over 55 years of service.

For More Information:

Arthur I. Blutter


Blutter & Blutter Bankruptcy Attorneys

497 South Oyster Bay Road
Plainview, NY United States 11803

(800) 864-9943
info@blutter.com
http://www.blutter.com