Recent reforms in the bankruptcy laws make it more important than ever that you consult with the experienced and knowledgeable attorneys at Dentino, Cammarata & Fazio, LLP regarding your financial concerns. Our attorneys will provide you with the necessary information and choices so that you can make the best decision for your financial situation.
In a chapter 7 bankruptcy case, the Bankruptcy Code will allow the client to keep certain "exempt" property and the bankruptcy trustee considers the client's nonexempt assets and may use the proceeds of such assets to pay holders of claims (creditors) in accordance with the provisions of the Bankruptcy Code. Accordingly, it is important that the client consult with a knowledgeable attorney to maximize the property that is able to be retained and the debts that can be discharged.
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