- 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 Midtown, NY
Stop the Calls, Save Your Home
Hear from Our Customers
Chapter 7 Bankruptcy Midtown NYC
You’re not just filing paperwork—you’re reclaiming your life. Most of our Midtown clients walk away debt-free in three months, keeping their homes, cars, and essential belongings. The creditor calls stop immediately. The wage garnishments end. The sleepless nights become a thing of the past.
Your credit starts rebuilding faster than you think. Within a year, many clients have rebuilt their credit standing completely. You’ll have breathing room to focus on what actually matters: your family, your career, your future.
This isn’t about judgment or failure. It’s about smart financial strategy when life throws you curveballs you couldn’t predict.
Midtown Bankruptcy Attorney Experience
Ronald D. Weiss has been helping Midtown residents navigate financial crises since 1993. He’s a New York University Law School graduate who earned the Galgay Fellowship in Bankruptcy and Reorganization Law, clerked for a federal bankruptcy judge, and has been published in bankruptcy law journals.
This isn’t a general practice law firm dabbling in bankruptcy. This is focused, specialized expertise from someone who understands exactly what you’re facing. Our team of over 30 legal professionals has handled thousands of cases across Manhattan, and we know the local courts, trustees, and procedures inside and out.
Midtown’s fast-paced business environment means financial stress hits hard and fast. We’ve seen it all: medical emergencies that spiral into debt, business failures, job losses, divorce—life happens, and when it does, you need someone who gets it.
Bankruptcy Process Midtown NY
Your free consultation happens within days, not weeks. We’ll review your debts, income, and assets to determine whether Chapter 7 or Chapter 13 makes more sense for your situation. No sales pitch—just straight answers about what bankruptcy can and can’t do for you.
Once you decide to move forward, we handle all the paperwork while you gather the required documents. The moment we file, creditors must stop calling you. The automatic stay kicks in immediately, protecting you from lawsuits, wage garnishments, and foreclosure proceedings.
Most Chapter 7 cases wrap up in three to four months. Chapter 13 cases involve a 3-5 year payment plan, but you keep all your property and catch up on mortgage payments over time. Either way, you’ll know exactly what to expect at every step.
Ready to get started?
Midtown Debt Relief Solutions
We handle the full spectrum of debt relief, not just bankruptcy filings. Foreclosure defense, mortgage modifications, debt negotiations, and litigation defense—whatever it takes to get you back on solid ground.
Midtown’s high cost of living means even high earners can find themselves underwater quickly. We’ve successfully negotiated payment plans for six-figure credit card debts and stopped foreclosures on million-dollar Manhattan properties. We’ve also helped service workers eliminate medical debt and get fresh starts after job losses.
Our approach isn’t one-size-fits-all. Some clients need aggressive debt negotiation before considering bankruptcy. Others benefit from Chapter 13’s foreclosure protection. Many find Chapter 7’s quick debt elimination is exactly what they need. We’ll explore every option that makes financial sense for your specific situation.
Will I lose my home if I file bankruptcy in Midtown?
Most of our Midtown clients keep their homes. In Chapter 7, New York’s homestead exemption protects significant home equity, and if you’re current on your mortgage, you can usually keep making payments and retain the property.
Chapter 13 is specifically designed to stop foreclosure and let you catch up on missed payments over 3-5 years. We’ve saved countless Manhattan homes this way, giving families time to get back on their feet while staying in their neighborhoods and keeping kids in the same schools.
The key is acting quickly. Once foreclosure proceedings start, your options become more limited, but even then, bankruptcy can often halt the process and give you the breathing room you need.
How long does the bankruptcy process take in NYC?
Chapter 7 cases typically complete in 3-4 months from filing to discharge. You’ll attend one brief meeting of creditors about a month after filing, and then wait for your discharge order. Most clients are surprised how straightforward and quick the process actually is.
Chapter 13 takes longer because you’re making payments over 3-5 years, but you get immediate protection from creditors and can start rebuilding your credit right away. The payment plan confirmation hearing usually happens within 2-3 months of filing.
The timeline can vary based on case complexity, but we’ll give you realistic expectations upfront. Emergency filings can happen within 24 hours if you’re facing immediate wage garnishment or foreclosure.
What debts can be eliminated through bankruptcy in New York?
Most common debts are dischargeable: credit cards, medical bills, personal loans, old utility bills, and many business debts. These unsecured debts typically get wiped out completely in Chapter 7 or significantly reduced in Chapter 13.
Some debts survive bankruptcy: recent taxes, student loans (with rare exceptions), child support, alimony, and debts incurred through fraud. Secured debts like mortgages and car loans can be kept if you stay current on payments, or surrendered if you no longer want the property.
We’ll review your specific debt mix during consultation. Many clients are pleasantly surprised to learn that 80-90% of their total debt can be eliminated, even when they have some non-dischargeable obligations mixed in.
Will bankruptcy ruin my credit score permanently?
Bankruptcy appears on your credit report for 7-10 years, but your credit score can start improving immediately. Many clients see their scores increase within 6-12 months because their debt-to-income ratio improves dramatically.
The reality is that if you’re considering bankruptcy, your credit is probably already damaged from missed payments and high balances. Bankruptcy often provides a faster path to good credit than struggling with overwhelming debt for years.
We’ve had clients qualify for mortgages within 2 years of Chapter 7 discharge and get decent credit cards within months. The key is using bankruptcy as a reset button, not a permanent solution, and building good financial habits going forward.
How much does it cost to file bankruptcy in Midtown?
Chapter 7 attorney fees typically range from $1,500-$3,000 plus a $338 court filing fee. Chapter 13 cases cost more because they’re more complex, usually $3,000-$5,000 plus a $313 filing fee. Many attorneys require full payment upfront, but we offer payment plans in appropriate cases.
The investment almost always pays for itself quickly. If you’re paying minimum payments on $50,000 in credit card debt, you’re looking at decades of payments and tens of thousands in interest. Bankruptcy eliminates that debt for a fraction of the cost.
We provide detailed fee quotes during consultation so there are no surprises. Many clients find that bankruptcy costs less than two months of their current minimum debt payments.
Can I file bankruptcy if I have a high income?
High income doesn’t automatically disqualify you from bankruptcy, but it affects which chapter you can file. The “means test” looks at your income relative to New York median income levels and your necessary expenses.
Many high earners in Midtown qualify for Chapter 7 because their necessary living expenses are also high—Manhattan rent, childcare, transportation costs add up quickly. Others benefit from Chapter 13, which lets them keep all their property while paying back a portion of debts over time.
We’ve successfully helped clients with six-figure incomes get debt relief through both chapters. The key is understanding how the means test works and structuring your case appropriately. Income alone doesn’t determine eligibility—it’s about your overall financial picture.
Local Resources
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Other Services we provide in Midtown