- Call for a Free Consultation, Near You. Hablamos Espanol
- Call for a Free Consultation, Near You. Hablamos Espanol
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SUFFOLK
(631)-271-3737,
QUEENS (718)-751-0226
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NASSAU (516)-307-0262,
BROOKLYN (347)-508-9316,
BOHEMIA
(631)-223-4502
- Exceptional Legal Representation Throughout
- Long Island and New York, Since 1993.
-
SUFFOLK (631)-271-3737,
QUEENS (718)-751-0226
-
NASSAU (516)-307-0262,
BROOKLYN (347)-508-9316,
BOHEMIA (631)-223-4502
- Exceptional Legal Representation Throughout Long Island and New York, Since 1993.
(631)-271-3737
(718)-751-0226
(516)-307-0262
(347)-508-9316
(631)-223-4502Bankruptcy Lawyer East New York NY
Stop the Calls, Save Your Home
Hear from Our Customers
Chapter 7 Bankruptcy East New York
You’re drowning in bills that keep growing no matter how hard you try. Credit card companies call constantly. Medical debt from that emergency room visit last year still haunts your mailbox.
Here’s what changes when you file bankruptcy: the phone stops ringing. Your paycheck stays in your account instead of getting garnished. You sleep through the night without wondering which bill collector will call tomorrow.
Chapter 7 bankruptcy eliminates most unsecured debts in about four months. Credit cards, medical bills, personal loans—gone. You keep your home, your car, and the essentials while getting rid of everything that’s been suffocating your finances.
Bankruptcy Attorney East New York NY
Ronald D. Weiss has been helping East New York residents escape overwhelming debt since 1993. As a NYU Law School graduate who clerked for a federal bankruptcy judge, he understands exactly how to navigate the Eastern District of New York bankruptcy court system.
East New York families face unique financial pressures. Rising rents, job uncertainty, and unexpected medical bills hit hard in our community. That’s why we’ve built our practice around serving Brooklyn residents who need real solutions, not empty promises.
We know the local trustees, understand the court procedures, and have guided hundreds of your neighbors through successful bankruptcy cases. When you’re ready to stop struggling and start rebuilding, we’re here.
Chapter 13 Bankruptcy East New York
First, we sit down and review your complete financial picture. Every debt, every asset, every income source. No judgment—just facts so we can build the strongest case possible.
Next, we determine which bankruptcy chapter fits your situation. Chapter 7 wipes out most debts quickly. Chapter 13 lets you catch up on mortgage payments while protecting your home. We explain both options in plain English.
Then we file your case in the Eastern District bankruptcy court in Brooklyn. The automatic stay kicks in immediately, stopping all collection activity. Creditors can’t call, garnish your wages, or foreclose on your home while your case is pending.
Finally, you attend one brief meeting with the bankruptcy trustee. We prepare you completely, so you know exactly what to expect. Most meetings last less than ten minutes.
Ready to get started?
Debt Relief Bankruptcy Lawyer East New York
Your bankruptcy case includes everything needed for a successful fresh start. We handle all paperwork, court filings, and communications with creditors and trustees. You get complete representation from initial consultation through final discharge.
East New York homeowners facing foreclosure get aggressive defense strategies. We challenge improper documentation, negotiate loan modifications, and use every available legal tool to keep you in your home. Many foreclosure cases have fatal flaws that experienced attorneys can exploit.
Debt negotiation services help when bankruptcy isn’t the right fit. We negotiate directly with creditors to reduce balances, eliminate interest, and create affordable payment plans. Our approach makes litigation expensive for creditors, often leading to better settlement terms.
How quickly can bankruptcy stop wage garnishment in East New York?
Bankruptcy stops wage garnishment immediately when we file your case. The automatic stay is a federal court order that prohibits all collection activity, including paycheck garnishments, bank account freezes, and creditor calls.
Most clients see their full paycheck within one to two pay periods after filing. If your employer has already received garnishment orders, we contact them directly to ensure compliance with the bankruptcy stay.
The automatic stay remains in effect throughout your bankruptcy case, typically four to six months for Chapter 7 cases. This gives you breathing room to complete the process without losing more of your hard-earned money to creditors.
What debts can Chapter 7 bankruptcy eliminate in New York?
Chapter 7 bankruptcy eliminates most unsecured debts completely. This includes credit card balances, medical bills, personal loans, payday loans, and old utility bills. These debts are “discharged,” meaning you never have to pay them again.
Certain debts survive bankruptcy, including recent taxes, student loans, child support, and criminal fines. However, even with these exceptions, most people eliminate 70-90% of their total debt burden through Chapter 7.
New York’s bankruptcy exemptions let you keep your home (up to $170,825 in equity), car, retirement accounts, and personal belongings. You get debt relief without losing the things you need for daily life.
How does bankruptcy affect my East New York home and mortgage?
Bankruptcy doesn’t automatically take your home if you’re current on mortgage payments. New York’s homestead exemption protects up to $170,825 in home equity, and most East New York properties fall within this limit.
If you’re behind on mortgage payments, Chapter 13 bankruptcy lets you catch up over three to five years while stopping foreclosure. You keep making regular monthly payments plus a portion of the past-due amount until you’re current.
Chapter 7 bankruptcy eliminates second mortgages and home equity loans if your home is worth less than your first mortgage balance. This “lien stripping” can save thousands in monthly payments and total debt.
What are the income limits for Chapter 7 bankruptcy in New York?
New York’s median income limits for Chapter 7 bankruptcy change annually. For 2024, single filers must earn less than $65,995, and married couples less than $80,956. Larger families have higher limits based on household size.
If your income exceeds these limits, you may still qualify through the “means test.” This calculation considers necessary expenses like housing, transportation, food, and medical costs. Many people above the median income still qualify for Chapter 7.
Chapter 13 bankruptcy has no income limits but requires regular income to fund a repayment plan. This option works well for East New York residents with steady jobs who earn too much for Chapter 7 but still struggle with debt payments.
How long does the bankruptcy process take in East New York?
Chapter 7 bankruptcy typically takes four to six months from filing to discharge in the Eastern District of New York. Most of this time involves waiting periods required by federal law, not active legal work.
The key milestone is your Meeting of Creditors, usually scheduled 30-45 days after filing. This brief meeting with the bankruptcy trustee lasts about 10 minutes for straightforward cases. After that, you wait for the discharge order.
Chapter 13 cases last three to five years because you’re making payments to creditors through a court-approved plan. However, you get immediate protection from creditors when we file, and your financial stress ends on day one.
Will bankruptcy ruin my credit score permanently?
Bankruptcy appears on your credit report for 10 years, but its impact decreases significantly over time. Most people see their credit scores improve within 12-24 months after filing because they eliminate debt-to-income ratio problems.
Many East New York residents have better credit two years after bankruptcy than before filing. Eliminating overwhelming debt payments lets you pay remaining obligations on time, which rebuilds your credit score faster than struggling with unmanageable payments.
We provide post-bankruptcy credit rebuilding guidance at no additional cost. This includes strategies for obtaining secured credit cards, building positive payment history, and avoiding predatory lending offers that target recent bankruptcy filers.
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