What is Chapter 7 Bankruptcy? What is Chapter 13 Bankruptcy? Who Can file Bankruptcy?
Bankruptcy does not have to be the only answer in the face of foreclosure, overwhelming debt or creditor harassment. At the Law Office of Taran M. Provost, PLLC, we are committed to helping our clients make the right decisions about whether to file for bankruptcy.
The following is a list of potential alternatives to bankruptcy (although what is right for you depends on your situation):
- Undergo credit counseling to learn how to manage your debt without resorting to bankruptcy.
- Consolidate your debt with the help of a debt consolidation agency.
- Negotiate with your creditors to lower interest rates or settle your debt for less than you owe.
- Stop foreclosure by way of a short sale, deed in lieu of foreclosure or loan modification.
- Stop creditor harassment by exercising your rights under state or federal debt collection laws.
New York Foreclosure Help
While bankruptcy is usually your best option to stop foreclosure and save your home, our attorneys frequently save homes though state court proceedings. In some cases, simply submitting an answer to the bank’s summons and complaint can lead to the offer of a mortgage modification. In other cases, demanding that the bank produce copies of the loan documentation, or making them prove that they are the rightful owner of your original mortgage, is enough to bring them to the bargaining table.
How do you File Bankruptcy?
For more information, contact a N.Y. bankruptcy attorney at our law firm today. We represent clients throughout the New York Metro Area, Dutchess County, and the Hudson Valley.
Law Office of Taran M. Provost, PLLC
Toll Free: 845-675-3243 | 24-Hours, 7 days per week
3 Cannon Street, Second Floor
Poughkeepsie, NY 12601
227 Willow Drive
Mahopac, NY 10541