Armonk NY Chapter 13 Business / Personal Bankruptcy Legal Deposit Service launched

Armonk, NY-based law firm Jafri (+ 1-800-593-7491) has just updated its bankruptcy division. The practice helps clients restructure their loans so they can get a fresh start.

Armonk, NY-based law firm Jafri (+ 1-800-593-7491) has just updated its bankruptcy division. The practice helps clients restructure their loans so they can get a fresh start.

Law firm Jafri d’Armonk, New York, announces the launch of its updated bankruptcy legal services. The practice is for both individuals and business owners who are overwhelmed with debt and need help finding a way forward.

More information on the bankruptcy division of Jafri Law Firm is available via https://www.jafrilawfirm.com/practices/bankruptcy

This updated offering provides clients with a crucial financial lifeline that allows them to make a fresh start. Jafri Law Firm is made up of highly experienced lawyers who can handle all types of bankruptcy classifications.

Given the closures caused by the current pandemic, many physical stores have seen foot traffic and revenues plummet. As a result, many employees have been put on leave or made redundant.

The drastic reduction or loss of income has put many businesses and individuals in financial jeopardy as they are no longer able to repay their loans. Filing for bankruptcy allows them to either delay paying off debt, get better terms on their loans, or forgo payment altogether.

Jafri Law Firm explains that most clients will apply for either one of three categories of bankruptcy. The first is Chapter 7 bankruptcy, which is ideal for people who want to go out of business and write off their financial obligations.

Chapter 11 bankruptcy, on the other hand, is designed to restructure and reduce debt so that a business can continue to operate. Finally, Chapter 13 bankruptcy allows entrepreneurs and individuals to reorganize their business and personal debt.

Customers will get expert advice on the most viable strategy for their situation. They can also request a free, no-obligation case consultation to better understand their options.

Jafri Law Firm provides top notch yet affordable legal services to its clients. Besides filing for bankruptcy, his other areas of practice include antitrust laws, class actions, intellectual property, and family law.

A spokesperson said, “We are familiar with bankruptcy law and can take the time to walk you through the process. When you hire a bankruptcy lawyer from Jafri Law Firm, you get a lawyer who is directly involved with your case from start to finish.

Those interested can visit https://www.jafrilawfirm.com/practices/bankruptcy if they need more details about the company and its services.

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