AV Preeminent Peer Rated Attorneys
Saranac Lake Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
AV Preeminent Peer Rated Attorneys
Saranac Lake Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Saranac Lake Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).

Dennin & Dennin

  • 2745 Main St., Lake Placid, NY 12946

Paul J. Herrmann

  • 115 Main St., Saranac Lake, NY 12983

James E. Martineau, Jr.

  • P.O. Box 187, Au Sable Forks, NY 12912-0187

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Looking for Bankruptcy Lawyers in Saranac Lake?

Bankruptcy lawyers help individuals and businesses find relief from overwhelming debt. They analyze your financial situation and guide you through processes like Chapter 7 liquidation or Chapter 13 reorganization. Their goal is to stop creditor harassment, protect your assets, and provide a legal path to a fresh financial start.

About our Bankruptcy Lawyers Ratings

The average lawyer rating is created by peers based on legal expertise, ethical standards, quality of service, and relationship skills. Recommendations are made by real clients.

CLIENT RECOMMENDED
100 %

2 Client Reviews

PEER REVIEWS
3.3

3 Peer Reviews

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Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

When can we file another ch 13?

Michael D. Siegel
Answered by attorney Michael D. Siegel
Bankruptcy lawyer at Siegel & Siegel, P.C.
Your lawyer did this wrong.  Should have done a Chapter 7 with a Loan Modification Request.  Ask to convert to Chapter 7.  Otherwise you have to wait 180 days to file.  Might not be a problem depending where you are in the foreclosure process and what other debt you have.
Your lawyer did this wrong.  Should have done a Chapter 7 with a Loan Modification Request.  Ask to convert to Chapter 7.  Otherwise you have to wait 180 days to file.  Might not be a problem depending where you are in the foreclosure process and what other debt you have.
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Will his bankruptcy affect the profit of my home sale?

default-avatar
Answered by attorney Ronald Karl Nims (Unclaimed Profile)
Bankruptcy lawyer at Ronald K. Nims
The first question is, why did your ex quit claim his part of the house to you? If it was part of the divorce settlement, you're OK. If he just handed it to you with no reason, the trustee in his bankruptcy might be asking for 1/2 the house to be turned over to him/her. Assuming that's not a problem, since you own the house, all of the profit on the sale is yours. There is a $500,000 exemption for the profit on the sale of your primary residence, so you probably won't have to pay any income tax on the sale.
The first question is, why did your ex quit claim his part of the house to you? If it was part of the divorce settlement, you're OK. If he just handed it to you with no reason, the trustee in his bankruptcy might be asking for 1/2 the house to be turned over to him/her. Assuming that's not a problem, since you own the house, all of the profit on the sale is yours. There is a $500,000 exemption for the profit on the sale of your primary residence, so you probably won't have to pay any income tax on the sale.
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If I were to file bankruptcy immediately, would that release the liens?

Diane L Drain
Answered by attorney Diane L Drain (Unclaimed Profile)
Bankruptcy lawyer at Law Office of D. L. Drain, P.A.
Perhaps, but your question is a little confusing as I am not sure if you still own the home, are wanting to keep it, if the liens are against you and the property, etc. Please understand that bankruptcy is a very complicated process. It is wise to talk to an experienced bankruptcy attorney before deciding to take this important step. Most Arizona bankruptcy attorneys offer a free consultation about the basics of bankruptcy.
Perhaps, but your question is a little confusing as I am not sure if you still own the home, are wanting to keep it, if the liens are against you and the property, etc. Please understand that bankruptcy is a very complicated process. It is wise to talk to an experienced bankruptcy attorney before deciding to take this important step. Most Arizona bankruptcy attorneys offer a free consultation about the basics of bankruptcy.
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