Bankruptcy

Chapter 7, Chapter 13, Debt Relief, Foreclosures and Evictions, Debt Collection, Debt Collector Harassment, and Consumer Finance.

• Chapter 13
• Chapter 7
• Credit Disputes
• Debt Relief
• Garnishments
• Credit Repair
• Credit Restoration
• Creditor Harassment
• Personal Bankruptcy
• Foreclosures

NY, Jan 1983
Bar Number: 1866326

Southern and Eastern Districts of New York.

American Bar Association (Consumer Financial Services Committee); National Association of Consumer Bankruptcy Attorneys; New York State Bar Association (Committee on Derivatives and Structured Products); New York City Bar Association; American Securitization Forum; Association of Corporate Counsel; and Association of Small Claims Arbitrators.

I attend legal education seminars on the topics of bankruptcy, consumer financial services, consumer protection, landlord/tenant law, derivatives, structured finance and other subjects related to my practice.

I blog at Consumer Finance & Bankruptcy (http://kgcully.wordpress.com).

A couple with two children accumulated unmanageable credit card debt, largely to support the children, during the husband's two-year unemployment. I helped them file a Chapter 7 bankruptcy petition that relieved them of this debt and enabled them to begin rebuilding their credit and a new, sustainable financial future.

Another couple, also with two children, took on credit card debt to remodel their house to add an apartment for the wife's widowed mother, intending to convert the debt to a mortgage when the apartment was completed. But when it was finally completed, a mortgage wasn't available due to the credit crisis, the wife's business began to drop off, and the credit card companies raised their interest rates, so they weren't able to pay the minimum payments on their cards. One of the credit card lenders sued and the others called them both at home and at work. I delayed the lawsuit and worked with the creditors to give them time to sell a second home (at a much better price than under foreclosure) and pay the renegotiated credit card debt in full, with a Chapter 13 bankruptcy in reserve to preserve their equity in their home.

1

New York

My firm is focused on consumer finance: helping people deal with debt. Usually this means a Chapter 7 bankruptcy; often it involves debt negotiation, stopping creditor harassment, dealing with possible eviction, foreclosure or repossession or Chapter 13 bankruptcy. In every case, I listen carefully to my client and work with him or her to develop the best strategy for that person facing that particular situation.

My firm opened in January 2007. I am a sole practitioner using a virtual office and top-rated technology to save my clients money while achieving the best possible results. A member of the American Securitization Forum, I also continue to practice in structured finance, securitization and corporate law, keeping up to date on the latest developments. This gives my clients the advantage of knowing what the lending and securitization industry thinks and is very helpful in negotiating with creditors.

I was the General Counsel of the bond insurers CIFG and ACA Capital and Deputy General Counsel of Fitch Ratings, one of the top three rating agencies. I was also Associate General Counsel and then Global Securitization Coordinator for Citigroup. I began my legal career as an associate with Sullivan & Cromwell LLP.

• Pro bono work for the New York City Bankruptcy Assistance Project and the Housing and Civil Courts of New York
• Arbitrator in the Small Claims Court
• Director and Secretary of the nonprofit Opera Company of Brooklyn

(260) 846-9431

Monday through Friday
9:00 a.m. to 6:00 p.m.

Evening hours available.

Yes

Filing a routine bankruptcy petition: $1,000 for Chapter 7 and $3,000 for Chapter 13.

$300 per hour for additional or other services.

Yes; half an hour.

No.