BROOKLYN BANKRUPTCY LAWYER
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Schedule a Free
Bankruptcy Consultation
By providing your phone number, you consent to receiving text messages from William Waldner, Esq. Opt out anytime by replying stop.
- Safe & Confidential | Privacy
For over 23 years, William W. Waldner has dedicated his practice exclusively to bankruptcy law, helping more than 500 individuals and families find financial relief. He specializes in Chapter 7 and Chapter 13 bankruptcy, providing trusted guidance to clients across Brooklyn.
When Is It Appropriate to File for Bankruptcy?
Bankruptcy is a legal process that helps individuals and families overwhelmed by debt either discharge or restructure what they owe. If you’ve fallen so far behind on bills that recovery seems impossible, bankruptcy may be the lifeline you need. The goal is straightforward: to provide you with a fresh financial start while safeguarding the assets that matter most.
While bankruptcy once carried a stigma as a “personal failure,” that perception is outdated. Today, bankruptcy is recognized as a responsible and legitimate solution when debts become unmanageable, often caused by job loss, medical expenses, or unexpected life changes, rather than poor financial choices.
Years ago, when creditors were thought to be more “fair” and banking operations were more controlled, declaring bankruptcy was seen as a “personal failure” or even a “character fault” due to inadequate financial management abilities. These identifications and labels are no longer valid.
Filing for Chapter 7 Bankruptcy in Brooklyn
Chapter 7 bankruptcy provides fast and powerful relief. Once you file, creditors must stop contacting you, wage garnishments end, and most unsecured debts, such as credit cards, medical bills, and personal loans, can be discharged in as little as three months.
Although Chapter 7 requires liquidating certain assets, many exemptions allow you to keep essentials like your home, car, retirement accounts, and even personal heirlooms. Working with an experienced Brooklyn bankruptcy attorney ensures you maximize these protections while eliminating the debt that weighs you down.
Typically, chapter 7 bankruptcy requires a person to liquidate their assets in order to repay their creditors as much as possible before the remaining debt is wiped clean, but there are many exceptions, and hiring an experienced Brooklyn bankruptcy lawyer is your best bet for eliminating credit card debt, medical bills, and personal loans while keeping valuable assets such as your house, car, sentimental heirlooms, or property.
Filing for Chapter 13 Bankruptcy Brooklyn
Chapter 13 bankruptcy, often referred to as “reorganization bankruptcy,” is ideal for individuals or couples who have a steady income but don’t qualify for Chapter 7 or who want to protect valuable assets, such as real estate.
If you’re behind on mortgage payments, Chapter 13 can prevent foreclosure and allow you to catch up over time. Under a court-approved plan, you’ll repay a portion of your debts interest-free over 3 to 5 years. Once the plan ends, most remaining unsecured debt is discharged (with exceptions such as student loans). This option provides a manageable repayment structure, protection of non-exempt assets, and a clear path to financial stability.
High Quality, Low Cost Bankruptcy Attorney Brooklyn
William W. Waldner stands apart by focusing solely on bankruptcy cases and personally handling every matter from start to finish. Unlike many attorneys who delegate work to paralegals, he works directly with each client, reducing costs, improving outcomes, and often saving clients thousands of dollars. His personalized approach combines deep expertise with a commitment to protecting your financial future.
Get Free Legal Advice on Bankruptcy & Debt Relief in Brooklyn
If you’re struggling with overwhelming credit card debt, facing foreclosure, or dealing with relentless collection efforts, you don’t have to face it alone. William Waldner offers free, in-depth consultations to help you understand whether Chapter 7 or Chapter 13 is right for you.
Call our Brooklyn office at (347) 328-5660 or complete the online contact form to schedule your consultation today. Discover your options, protect your assets, and take the first step toward lasting debt relief with the guidance of a trusted Brooklyn bankruptcy lawyer.
5 Star Reviews
Diane E.
WOULD HIGHLY RECOMMEND HIM TO ANYONE IN NEED OF SUCH SERVICES.
I worked with William on an extremely difficult and stressful bankruptcy case. William is terrific! Responsive and caring attorney who got a very bizarre situation resolved for me, was able to work with my mortgage company and get me my life back! Even long after my case was discharged he continues to be there for questions and support to the point where I now consider him a treasured college and dare I say friend. Very knowledgeable in bankruptcy law, super communicative and caring.
Rohan M.
Luis T.
Shawn H.
WOULD HIGHLY RECOMMEND HIM TO ANYONE IN NEED OF SUCH SERVICES.
My experience with William Waldner was more than excellent – it was fantastic! From my first consultation meeting to the actual hearing, he always made me feel at ease and gave me all the information and tools I needed to feel 100% confident that my case would be a slam dunk. He was attentive and had genuine interest and concern for my individual case, while at the same time managed to be efficient and respond to my questions and concerns very quickly. All of this being said and after much research into other attorneys, his fee was very reasonable. With William’s help, I can now focus on my future and I am on track to achieve financial freedom.
Steven S.
WOULD HIGHLY RECOMMEND WILIAM WALDNER.
I assisted a close friend during her bankruptcy experience and discovered the William Waldner office in midtown Manhattan. Mr Waldner thoroughly explained the bankruptcy process, reviewed options and patiently walked her through the process. He is a highly skilled professional, client focused and accommodated my friend, who is plagued with health problems. We highly recommend William Waldner.
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Brooklyn Bankruptcy Lawyer FAQs
Where is your Brooklyn office located, and how do I get there?
Our Brooklyn office is conveniently located at 300 Cadman Plaza West, 12th Floor, Brooklyn, NY 11201, right across from the Brooklyn Heights Promenade and within walking distance of the Brooklyn Borough Hall subway station. We’re easily accessible by public transportation, and parking options are available nearby for those who prefer to drive. Whether you’re coming from Brooklyn Heights, Downtown Brooklyn, or surrounding neighborhoods, our office is conveniently located to be accessible to clients throughout the borough.
Can I file for bankruptcy without an attorney in Brooklyn?
While it’s legally possible to file for bankruptcy on your own, the process is complex, and mistakes can lead to delays, denials, or even the loss of property you may have been able to protect. Bankruptcy laws are federal, but they are applied with state-specific rules, and navigating the Brooklyn courts without experienced legal guidance can be overwhelming. At Midtown Bankruptcy, we ensure your paperwork is filed correctly, deadlines are met, and that you take full advantage of the protections and exemptions available under New York law. Having an attorney significantly increases your chances of achieving a smooth and successful outcome.
How do local Brooklyn/New York exemptions affect my bankruptcy case?
Exemptions determine what property you’re allowed to keep when you file for bankruptcy. In New York, residents can choose between state and federal exemption systems, which may allow you to protect your home, car, retirement savings, and certain personal belongings. For example, if you live in Brooklyn and own a home, you may qualify for a homestead exemption that shields a significant amount of equity. At Midtown Bankruptcy, we carefully review your situation to maximize the exemptions available, helping you protect as much of your property as possible.
What costs and fees should I expect for filing in Brooklyn?
The total cost of bankruptcy includes both court filing fees and attorney fees. As of now, the filing fee for a Chapter 7 bankruptcy case in New York is $338, and the fee for Chapter 13 is $313. Attorney fees vary depending on the complexity of your case; however, at Midtown Bankruptcy, we are committed to offering transparent and affordable pricing with flexible payment options. We’ll review all costs upfront during your free consultation, so you know exactly what to expect: no hidden fees, no surprises.