While bankruptcy can discharge many of the debts associated with you, this is not the case for everything. If you pay child support or alimony, then you will still have to make payments throughout the duration of filing for bankruptcy and after your petition has been accepted and approved. This is also important for individuals who receive alimony or child support payments because these payments will stay protected even if you file for bankruptcy.

You should never consider filing for bankruptcy in New York without first consulting with a knowledgeable bankruptcy attorney. There are many questions that you will need answers to and it is imperative to understand the items that can be discharged in bankruptcy as well as the responsibilities you will still have to retain even once your bankruptcy has been approved. For example, certain kinds of student loans, tax obligations, criminal and governmental fines and awards related to personal injury settlements cannot be discharged in the bankruptcy process. The same is true for issues involving alimony and child support, as these will still need to be paid even if you have filed for bankruptcy. Do not ignore requests for payments on these obligations just because you think you are protected by the shield of bankruptcy.

To avoid challenges associated with bankruptcy, make sure you know how the process works beforehand. One of the most important things you can do is set up a meeting with a New York bankruptcy attorney as soon as possible so that you can ensure that all of your questions are answered in a prompt manner. Understanding the true process of bankruptcy will make it easier for you to file and minimize any obstacles associated with the process.

If you are in debt and are considering filing bankruptcy, then contact the law office of Jayson Lutzky, P.C. Mr. Lutzky offers free in-person consultations to those considering bankruptcy. Mr. Lutzky has over 32 years of legal experience and has helped many get out of debt and get a fresh start. Call 718-514-6619 to set up an appointment and visit www.MyNewYorkCityLawyer.com to learn more about bankruptcy.