Chapter 13 and Foreclosure: Stopping the Auction and Keeping Your NYC Home
An auction date on your home is the point where a foreclosure stops being paperwork and becomes a deadline. If you are there — or close to it — the useful question is not whether bankruptcy is a good idea in the abstract. It is what filing actually does to a scheduled sale, how much […]
Should You File Bankruptcy Before or After Foreclosure in NY?
Foreclosure can feel like a fast-moving train heading toward disaster—but did you know filing bankruptcy at the right moment can stop it cold? If you’re in New York and facing foreclosure, timing is everything. At The Law Office of William Waldner, PC, we strongly advise: file bankruptcy before the foreclosure auction. Why? Because once the […]
How Long Does Foreclosure Take in NYC?
How long does Mortgage Foreclosure take in NYC? An alarming number of my clients are going through foreclosure proceedings. The bank notices are often confusing and bank personnel are not helpful in explaining the situation. This leaves many people in the precarious position of not knowing what their options are and losing their ability to […]
Can Bankruptcy Stop the Bank From Foreclosing on NYC My Co-op?
Bankruptcy and Your Co-op In New York there are several different types of cooperatives, i.e., a co-op. The traditional co-op owner has shares of stock and a proprietary lease. This essentially boils down to having a membership with a right to lease in a particular apartment building. Typically, the tenant pays a monthly mortgage, maintenance […]