New York City Bankruptcy Lawyer
These days, the prospect of facing foreclosure is a sobering possibility for an ever-increasing number of Americans who find themselves strapped by various adjustable rate or other subprime loans they can no longer afford to pay. Losing your home to foreclosure or having your car or other important property repossessed is heart wrenching and often extremely difficult to recover from. Fortunately, you may be able to do something about it. The Law Offices of David I. Pankin, P.C., has over a decade of experience assisting clients in keeping what matters most to them. Contact our office by phone at 800-529-5910 to arrange for your free consultation. We represent clients in the Brooklyn, New York, area, as well as clients in Manhattan, Bronx, Queens, Staten Island, Suffolk County, Nassau County, and other areas of New York.
Brooklyn New York Bankruptcy Attorney
After we file your bankruptcy petition, an automatic stay will prevent any repossession, collection, or foreclosure of property. This means your property is safe from being seized and that creditors must cease all collection efforts. After filing for Chapter 7 bankruptcy, the automatic stay both stops wage garnishments and requires creditors to unfreeze a debtor's bank accounts.
Trying to catch up on a mortgage without filing for a Chapter 13 bankruptcy can be nearly impossible and lead to a bank foreclosing on your home. Banks will only stop foreclosure if mortgage payments are up to date and current. Saving their home is one of the main reasons people file for Chapter 13 bankruptcy. If you are behind on your mortgage, filing a Chapter 13 bankruptcy will reorganize your mortgage and prevent your home from being foreclosed on by giving you an opportunity to catch up over a three-to-five-year period rather then having to pay it all right now. Visit our mortgage problems and solutions page to see other ways we can help.
Our principal attorney, David I. Pankin, has over thirteen years of experience in banking matters and offers a full range of representation for individuals who need to protect their property. We will review your case and look for other options such as violations of Federal Truth in Lending laws and violations of New York State's Unfair and Deceptive Practices Act. Our office will review your mortgage and closing documents to ensure they meet government requirements and regulations and that you were not a victim of fraud.
Dedicated to protecting YOUR rights
Are you afraid of losing your home due to foreclosure, or having your car repossessed? If so, contact an experienced bankruptcy lawyer immediately to ensure your rights are protected and that you are able to keep what matters most to you. Contact our offices by phone at 800-529-5910 to arrange for your FREE initial consultation.
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