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New York Bankruptcy Information
Are you considering filing for Chapter 7 or Chapter 13 bankruptcy in New York? Although much of bankruptcy is governed by federal law, some bankruptcy-related information and law is specific to your state.
Below you’ll find New York-specific information on filing for bankruptcy as well as articles on the various New York bankruptcy exemptions. And for in-depth information on bankruptcy law and procedures, visit Nolo’s Bankruptcy Center.
Bankruptcy Exemptions in New York
Bankruptcy Exemptions in New York
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The New York Homestead Exemption
Here's what you need to know about the New York homestead exemption when filing for bankruptcy.
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New York Bankruptcy Exemptions
New York bankruptcy exemptions protect property from bankruptcy creditors, including the things you’ll need to maintain a home and job. But you might not be able to keep everything you own. In Chapter 7, you only keep property covered by New York bankruptcy exemptions. In Chapter 13, you keep everything you own but pay creditors for any nonexempt property. Learning about bankruptcy exemptions before filing will help you prevent unexpected property losses in a New York bankruptcy.
New York Bankruptcy Information
New York Bankruptcy Information
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Filing for Bankruptcy in New York State (NY)
In this complete guide to filing for bankruptcy in New York, you’ll learn about the differences between Chapters 7 and 13, debts you can eliminate or "discharge," property you can keep using New York bankruptcy exemption laws, and bankruptcy qualification requirements. You'll also learn how to organize and navigate your New York bankruptcy case using checklists, a link to a DIY bankruptcy quiz, and other helpful resources.
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