The Pioneering Bankruptcy Law Efforts of George Bassias

George Bassias is a prominent attorney in Astoria, New York who has dedicated his law career to helping individuals with their financial struggles. He is well-known for his work on the Ajunwa case, where he argued successfully that Chapter 13 bankruptcy can be dismissed and replaced with new exemptions under Chapter 7. Over the past decade, through this case, Mr. Bassias has helped many people get a fresh start in life by giving them access to the powerful tool of bankruptcy. However, despite the power of bankruptcy, it’s important to understand what it can and cannot do, as it may not solve every financial problem.

George Bassias has been practicing law for over 28 years and has fought many trials while litigating thousands of cases in his lifetime. He emphasizes on areas of law that give him the most satisfaction – helping people in need. In addition to being a personal injury and a prominent workers’ comp attorney, bankruptcy is at the forefront of Mr. Bassias’ firm as it provides an effective solution to struggling individuals looking for a fresh start. This is especially prominent during our current pandemic situation, where more people are facing financial problems due to COVID-19.

One of Mr. Bassias’ most notable cases was when he argued successfully that Chapter 13 bankruptcy could be dismissed if an individual was trying to take advantage of new exemptions under Chapter 7 in 2012. This propelled him into the public spotlight as this case gave individuals access to a powerful tool that can help them out financially. With this victory, Mr. Bassias proved himself to be a pioneer in bankruptcy law who fights alongside those seeking help with their finances.

It must also be noted that while filing for bankruptcy may provide relief from debt and other financial issues, it will not solve every problem faced by someone struggling financially. It is important to understand the limitations of filing for bankruptcy before deciding if it is right for you or not – what can be discharged under which chapter? Will I qualify? How much will I have to pay back? These are all questions that need answers before pursuing bankruptcy proceedings further.

In conclusion, George Bassias is a pioneer in bankruptcy law who has dedicated his career towards helping individuals get a fresh start through his work on the Ajunwa case which allowed people access to powerful tools such as filing for Chapter 7 or Chapter 13 bankruptcies if they found themselves struggling financially due to new exemptions available at the time in 2012. It’s important however, to understand both the advantages and limitations associated with filing for bankruptcy before making any decisions so you know exactly what you’re getting into!

The Top Attorneys of North America have crafted this article to provide insight and helpful information of general interest. The goal is to keep readers informed and up-to-date on relevant legal topics – not necessarily offering advice tailored for their individual needs or circumstances.