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What Clients Say About Adam Gomerman
Notably good service experience. Thank you Mr. Gomermann and your staff for helping me with my auto accident so quickly... A Terrific Attorney!
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Bankruptcy, Loan Modification & Foreclosure Attorney
Bankruptcy Help, Loan Modifications, Foreclosure Law, Mortgage Law & more!
We are glad you are here! We hope that this web site will prove to be a valuable tool to gain knowledge about all aspects of consumer credit law.
Our office has over 20 years of experience assisting thousands of Long Islanders get back on their feet financially by using the Federal bankruptcy laws to their advantage. We are highly experienced in all aspects of consumer credit law, including foreclosure defense, mortgage law, foreclosure law, Chapter 13 law, Chapter 7 law, and loan modifications. Our loan modification attorneys have modified hundreds of mortgages in recent years.
What is Bankruptcy?
Bankruptcy laws are federal laws and are the same in every state, although some interpretations of the laws are regional. These laws are found in title 11 of the U.S. Code.
Chapter 7 – Straight Bankruptcy
When most people think of bankruptcy, they are thinking of what is called a Chapter 7 bankruptcy. The person owing the money, called the “Debtor” submits information to show all assets (what he or she owns) and all liabilities (what he or she owes).
