Chapter 13 Bankruptcy Lawyer in Brooklyn, NY
Stop foreclosure. Stop creditor harassment.
Many people who are considering filing for bankruptcy make the mistake of believing there is only one type of bankruptcy filing. There are different types of bankruptcy filing, and which is best for you depends on your financial condition. The Brooklyn bankruptcy lawyers at Rosenberg, Musso, & Weiner handle Chapter 13 repayment plans and help homeowners stop foreclosure.
If you need time to repay debt, we can help. Contact our Brooklyn Chapter 13 bankruptcy lawyers.
Chapter 13 bankruptcy is used most often to prevent mortgage foreclosures. If you are a homeowner and want to keep your house, but need to file bankruptcy, Chapter 13 is most likely what you will file. Filing a Chapter 13 bankruptcy permits you retain exempt assets and continue to make payments:
- Pay past-due mortgage debts over time to prevent foreclosure
- Keep valued assets such as your house, car, and boat
- Pay other debts and loans over a 3-5 year period
- Stop collection efforts
- Prevent new debt collection actions from starting
This type of bankruptcy is commonly referred to as "wage earner" bankruptcy because it is intended for people who have a steady source of income, but need some help to bring their finances under control.
Recent changes in bankruptcy law have affected the way Chapter 13 filings are handled. Do not be put off by what you may have heard in the media about bankruptcy reform. You can still file and stop foreclosure. Our attorneys can explain how the changes will affect your filing.
To learn more about your rights under federal bankruptcy law, visit our Bankruptcy Information Center or our Bankruptcy E-newsletter.
Call us at (718) 530-0210 or 1-866-402-8476 to arrange an initial consultation and find out what we can do for you. Or contact our Brooklyn, New York, Chapter 13 bankruptcy lawyer.
No-cost 30 minute consultations
Offices in downtown Brooklyn, Melville, Syosset, and Uniondale
Rosenberg, Musso & Weiner, L.L.P.
Brooklyn, NY
