Thousands of people in the United States are plagued by inescapable amounts of debt, unpaid bills, and endless financial expenses. Many people who suffer from overwhelming amounts of debt are stressed, worried, and too ashamed to file for bankruptcy to seek the financial relief they need. However, bankruptcy laws were established to provide relief to people who are in severe debt or serious financial trouble. At Peña & Kahn, PLLC, our attorneys have helped hundreds of individuals throughout New York get a handle on their finances and alleviate the burden of debt.

When an individual files for bankruptcy, he/she is requesting a restructured financial plan that is tailored to his/her actual ability to pay off the debt. In some bankruptcy cases, the individual requests a complete dismissal of all debt. These types of bankruptcy cases are known as Chapter 13 bankruptcy and Chapter 7 bankruptcy respectively.

Chapter 7 Bankruptcy

Under Chapter 7 bankruptcy, all dischargeable debt is eliminated completely. Chapter 7 legally excuses an individual's obligation to repay his/her unsecured debt. When an individual is granted bankruptcy under Chapter 7, he/she has proven to the court that there is no realistic way he/she is able to repay his/her debt. In almost all Chapter 7 bankruptcy cases, the individual is permitted to keep all of his/her properties and assets.

Chapter 7 does not clear all forms of debt. Types of debt that cannot be cleared through Chapter 7 include taxes, alimony, child support, student loans and personal injury damages.

Contact Our New York Bankruptcy Attorneys

There are countless reasons why an individual falls into debt or financial hardship, including sudden job loss, divorce, business failure, or an unexpected illness or death. If you are suffering from debt or other financial troubles, an experienced attorney can provide you with viable options to help alleviate your financial burden. At Peña & Kahn, we believe that no individual deserves to suffer for their financial troubles. Our attorneys are dedicated to helping our clients eliminate their debt by filing for Chapter 7 bankruptcy.

Office Locations

Peña & Kahn, PLLC

1250 Waters Place

Suite 901

Bronx, NY 10461

Phone: 718-585-6551

Toll Free: 888-736-2298

Fax: 718-585-6618

Bronx Law Office Map

Queens office
Peña & Kahn, PLLC

88-19 Roosevelt Ave

2nd Floor

Jackson Heights, NY 11372

Toll Free: 888-736-2298

Fax: 718-779-6865

Jackson Heights Law Office Map

Grand Concourse office
Peña & Kahn, PLLC

557 Grand Concourse

Bronx, NY 10451

Phone: 718-585-3202

Fax: 718-585-3205

Bronx Law Office Map



Peña & Kahn, PLLC, practices personal injury law in the Bronx, Queens, New York County and Lower Westchester County. They serve clients who live or do business in Jackson Heights, New Rochelle, Yonkers, Brooklyn, Manhattan and New York City.

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