Loan Modification Law in New York
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Loan Modification

New York Bankruptcy Lawyers

Avoiding Foreclosure in New York: Bankruptcy

If you are facing foreclosure, bankruptcy may be a good option for you. At Jacoby & Jacoby, we have a great deal of experience helping clients in New York avoid foreclosure by filing for bankruptcy.  A New York bankruptcy attorney at our office can review your situation and financial status to determine if bankruptcy is the best course of action for you.  If it is, we can help you fill out the bankruptcy petition and represent you in bankruptcy court.

Bankruptcy & Foreclosure

If you’ve had trouble keeping up with your mortgage payments due to mounting debt, bankruptcy might be your best option for avoiding foreclosure.  Bankruptcy laws were established to help individuals, families, and businesses suffering from too much debt.   Filing for bankruptcy protection under Chapter 13 has helped many people in New York avoid foreclosure.  Chapter 13 allows people to re-organize their debts and consolidate them into a structured payment plan.  Through Chapter 13 bankruptcy, people with too much debt can pay off their debts to creditors, while at the same protect their assets and properties from being repossessed.  After filing for Chapter 13 bankruptcy, your creditors will no longer be able to harass you, and your home will no longer forced into foreclosure.

If Chapter 13 bankruptcy is not right for you, a New York bankruptcy attorney at our firm can help file for Chapter 7 or Chapter 11 bankruptcy.  If neither of these choices are viable options, we can also look into a short sale or loan modification.

Contact a New York Bankruptcy Attorney

At Jacoby & Jacoby, we have helped many clients in New York avoid foreclosure by filing for bankruptcy.  If you are facing foreclosure, you need to speak with a New York bankruptcy lawyer at our firm as soon as possible to ensure your home doesn’t get foreclosed on.  We understand that this is a very stressful and unsettling time in your life.  Don’t give up hope. We can help you file for bankruptcy or come up with another effective solution to keep you in your home.  You can feel confidant knowing that we have more than 50 years of combined bankruptcy experience, and have handled more than 15,000 bankruptcy cases throughout our careers.

To determine if bankruptcy is a good option for you, contact a New York bankruptcy lawyer at Jacoby & Jacoby today!

If you are considering bankruptcy, please feel free to visit our Long Island bankruptcy site for more information about bankruptcy.

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