Free Consultation
The office is open as per the NYS Covid-19 guidelines. We are now doing both in-person and telephone consultations. Please call the office at 718-855-6840 to schedule a time to speak with one of our experienced bankruptcy attorneys.

Brooklyn Bankruptcy Update 03.31.10

Time for another edition of Brooklyn Bankruptcy Update, a look at the latest Bankruptcy news and happenings out of the County of Kings (aka Brooklyn).

1.  Mayor Bloomberg Announces New NYC Service Initiative to Provide Free Legal Services to Homeowners in Danger of Foreclosure (

“A new NYC Service initiative to provide free legal support for New Yorkers at risk of losing their homes to foreclosure.  The program will increase the availability and effectiveness of free legal representation for those facing foreclosure by training and dispatching 300 volunteer attorneys to expand legal services provided by non-profit organizations.”

2.  Brooklyn man pleads guilty to foreclosure scam in Bergenfield, Paterson (

“Garth Celestine, 44, pleaded guilty to conspiracy to commit wire fraud for his role as the co-owner of Home Savers Consulting Corp., a now-defunct company based in Brooklyn and Long Island, the U.S. Attorney’s office in Newark said.”

Celestine was running a well-worn foreclosure scam.  What was the scam?  They would find homeowners facing foreclosure and convince them to transfer title to a third-party “buyer” for 6 months to a year.  During that time, the homeowners were told they’d be able to get a loan at a better rate and then buy the home back.  What happened, however, is that the homeowners lost their home and Celestine and his partners would take the new loan money and deposit it in their own bank account.

Government authorities are starting to crack down on these scams more, but new ones and new versions of the scams are always popping up.  Your best route is to consult with a trusted bankruptcy attorney before making a move in desperation.  A good New York bankruptcy attorney can always help you devise an appropriate strategy, even on short notice.

3.  Law School Students Win Top Honors at Duberstein National Bankruptcy Moot Court Competition

Most people outside of the bankruptcy world don’t realize that the bankruptcy world equivalent of March Madness happens every year in downtown Brooklyn.  Yes, I’m talking about the Conrad B. Duberstein National Bankruptcy Moot Court Competition, which pits moot court teams from law schools all around the country against each other in a national competition.

The quarter-finals, semi-finals and finals take place each March right here at 271 Cadman Plaza, home of the U.S. Bankruptcy Court’s Eastern District.  Approximately two dozen bankruptcy judges from around the U.S. serve as judges for the final rounds of this prestigious competition.  (And yours truly served as a judge in the first round!)  Though this year’s competition had a particularly Texas flavor as teams from the University of Texas Law School took both first and second place. (Note:  Just want to point out that UT’s victory should not in itself be construed as a sufficient reason to move to Texas to file for bankruptcy.)

If you’re considering filing for bankruptcy in Brooklyn and need a good Brooklyn bankruptcy attorney, please contact me to discuss and get the full benefit of the bankruptcy laws.

Contact Bruce Weiner, Esq.

EMAIL Bruce Weiner
(718) 855-6840 (Local)
(866) 402-8476 (Toll Free)
Fax (718) 625-1966

Go to bankruptcy Lawyer Brooklyn NY to learn more about Rosenberg Musso & Weiner LLP and/or to set up a free consultation.

Rosenberg, Musso & Weiner, L.L.P
26 Court St # 2211
Brooklyn, NY 11242, USA

Recent Posts

Beware Grace Periods, Debtors

Too often, debtors see grace periods offered by lenders as free benefits. “Grace” makes it sound so innocent. However, debtors who routinely rely on grace periods when making payments will find themselves facing financial difficulties that might lead to bankruptcy. The reason is that although creditors offer grace periods to debtors, they also use them

Read More »

Bankruptcy May Not Rescue You From Vicious Personal Disputes

Bankruptcy is a technical process that assumes everyone working within it is mostly rational. To the extent that it expects parties to deviate from irrational behavior, the Bankruptcy Code and its accompanying rules include incentives to keep parties in line. Creditors are usually large and impersonal, and they rarely care if their debtors file bankruptcy.

Read More »

Non-Lawyers’ Explanations of Bankruptcy May Be Wrong

Do you have financial problems? Do you tend to ask your friends for advice? Is one of your friends an experienced New York bankruptcy lawyer who will explain the process for you? Are your friends otherwise knowledgeable people? The answer to these questions may be, “Yes but you don’t know it.” Although many bankruptcy lawyers

Read More »

6 Steps to Take Before Filing Bankruptcy

Leaving your case to an experienced New York bankruptcy lawyer is not the only step on the to-do list before filing bankruptcy. There are many things debtors should do (and not do) before they file, and the more organized and mindful debtors are, the easier the process will be and the more effective the result.

Read More »

Social Security Number Not Necessary for Bankruptcy

A question that’s commonly asked about New York bankruptcy is whether a debtor needs a Social Security number to file. Debtors ask because they sometimes run across the bankruptcy form title, “Your Statement About Your Social Security Numbers” (B 121), which asks debtors to list their current and prior Social Security numbers. The new bankruptcy

Read More »

How Can a Debtor (or Creditor) Get a New Trustee?

The trustee in a New York bankruptcy case is usually not the debtor’s ally. His or her purpose is mainly to administer the bankruptcy estate or ensure the debtor’s repayment plan goes according to plan. Trustees pursue preference payments, fraudulent conveyances, and other malfeasance committed by debtors. They frequently initiate adversary proceedings against debtors. In

Read More »
Scroll to Top