- Call for a Free Consultation, Near You. Hablamos Espanol
- Call for a Free Consultation, Near You. Hablamos Espanol
-
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.
-
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.
Bankruptcy Lawyer in Greenwich Village, NY
Get Real Debt Relief That Actually Works
Hear from Our Customers
Chapter 7 Bankruptcy Greenwich Village NY
You’re not just getting legal paperwork filed. You’re getting your life back.
When your bankruptcy case closes, creditors can’t call you anymore. The wage garnishment stops. Your Greenwich Village apartment or condo stays protected under New York’s homestead exemptions.
Most clients see their stress disappear within weeks of filing. No more choosing between rent and groceries. No more avoiding phone calls or hiding from process servers walking through Washington Square Park.
Greenwich Village Bankruptcy Attorney Experience
Ronald D. Weiss founded our practice in 1993, right when many Greenwich Village residents were facing financial pressure from the early 90s recession. We’ve seen every type of debt crisis this neighborhood throws at people.
As an NYU Law graduate with specialized bankruptcy training, Ronald understands both the legal complexities and the unique financial pressures of Village life. High rent, expensive everything, and unpredictable income from creative careers – we’ve helped thousands navigate these exact challenges.
We have handled cases for everyone from NYU professors to restaurant workers on Bleecker Street. Your situation isn’t unusual, and it’s definitely not hopeless.
Chapter 11 Bankruptcy Greenwich Village Process
First, we meet for a free consultation where you bring your bills, income statements, and any court papers you’ve received. No judgment, just facts. We’ll determine if Chapter 7, Chapter 11, or Chapter 13 bankruptcy makes sense for your situation.
If bankruptcy is right for you, we file your petition within days. This immediately stops all collection activity – no more calls, no more garnishments, no more foreclosure proceedings. The automatic stay protection kicks in the moment we file.
Then we handle the paperwork, attend the creditors meeting with you, and guide you through each step until your debts are discharged. Most Chapter 7 cases in the Southern District of New York close within 4-6 months. You’ll have your fresh start faster than you think.
Ready to get started?
Debt Relief Bankruptcy Lawyer Services
You get more than just bankruptcy filing. We handle foreclosure defense if you’re behind on your Greenwich Village mortgage or co-op maintenance fees. Our mortgage modification services help restructure payments you can actually afford.
For business owners around NYU or in the Village’s restaurant scene, Chapter 11 reorganization keeps your doors open while we negotiate with creditors. We’ve saved dozens of small businesses that employ local residents.
Greenwich Village’s high cost of living means debt problems escalate quickly here. We understand the pressure of $4,000+ rent payments, expensive parking, and the reality that a medical emergency can destroy even a six-figure income. Our debt negotiation services often resolve problems before bankruptcy becomes necessary.
Will I lose my Greenwich Village apartment if I file bankruptcy?
Most likely not. New York’s homestead exemption protects up to $170,825 in home equity, and if you’re current on rent, your lease typically remains intact through bankruptcy.
For co-op owners in Greenwich Village, the homestead exemption usually covers your equity completely since most people don’t have massive equity in expensive NYC properties. If you’re behind on maintenance fees, Chapter 13 bankruptcy lets you catch up over 3-5 years while keeping your apartment.
Renters have even less to worry about. Bankruptcy doesn’t affect your lease as long as you stay current going forward. Your landlord can’t evict you just because you filed bankruptcy – that’s illegal under federal law.
How long does Chapter 7 bankruptcy take in New York?
Most Chapter 7 cases in the Southern District of New York close within 4-6 months from filing to discharge. The creditors meeting happens about 6 weeks after filing, and if there are no complications, you receive your discharge 60-90 days later.
The timeline can extend if you have non-exempt assets the trustee needs to sell, or if creditors object to your discharge. But for typical cases involving credit card debt, medical bills, and personal loans, the process moves quickly.
You’ll feel relief immediately though. The automatic stay stops all collection activity the moment we file your petition, so creditors can’t call or garnish your wages while the case proceeds.
What debts cannot be eliminated in Greenwich Village bankruptcy cases?
Student loans, recent taxes, child support, and alimony survive bankruptcy in most cases. Credit card debt, medical bills, personal loans, and deficiency balances from foreclosures get wiped out completely.
Some debts require special handling. If you owe back rent to a Greenwich Village landlord, that debt can be discharged, but your landlord might still evict you for non-payment. Recent luxury purchases over $875 on a single credit card might not be dischargeable if made within 90 days of filing.
Business debts depend on how your company is structured. If you personally guaranteed business loans or credit lines, those obligations can be discharged in your personal bankruptcy case.
Can bankruptcy stop foreclosure on my Greenwich Village property?
Yes, bankruptcy immediately stops foreclosure proceedings through the automatic stay. If you’re facing foreclosure on your Greenwich Village co-op, condo, or townhouse, filing bankruptcy gives you time to explore options.
Chapter 13 bankruptcy is particularly effective for saving homes. You can catch up on missed mortgage payments over 3-5 years while keeping current payments manageable. We’ve helped many Village residents restructure mortgages that became unaffordable.
Chapter 7 bankruptcy stops foreclosure temporarily, giving you time to negotiate with your lender or pursue a short sale if keeping the property isn’t realistic. Either way, you get breathing room to make decisions without the pressure of an immediate foreclosure sale.
How much does a bankruptcy lawyer cost in Greenwich Village?
Chapter 7 bankruptcy attorney fees typically range from $1,500-$2,500 plus the $338 court filing fee. Chapter 13 cases cost more because they require 3-5 years of ongoing court appearances and plan modifications.
We offer payment plans because we understand you’re filing bankruptcy precisely because money is tight. Many clients pay half upfront and the remainder before we file their case. We don’t require full payment before starting work on your case.
The consultation is always free, and we’ll give you an exact quote based on your situation’s complexity. Most Greenwich Village residents find bankruptcy much more affordable than continuing to struggle with minimum payments that never reduce their debt balances.
Will bankruptcy affect my job or professional license in New York?
Most employers never learn about your bankruptcy filing, and federal law prohibits discrimination based on bankruptcy. Your credit report shows the bankruptcy, but employers can only check credit for positions involving financial responsibility.
Professional licenses in New York rarely get affected by personal bankruptcy. The state licensing boards care more about criminal convictions or professional misconduct than financial problems. We’ve represented teachers, nurses, real estate agents, and other licensed professionals without license complications.
Some financial industry positions require disclosure of bankruptcy filings, but this doesn’t automatically disqualify you from employment. Many people in Greenwich Village work in creative fields, hospitality, or small businesses where bankruptcy never becomes a workplace issue.
Local Resources
Useful Links
Here are some lawyer-related links:
Other Services we provide in Greenwich Village