Filing Bankruptcy When You Own a Co-op or Condo in NYC

By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. Yes — you can file bankruptcy and keep your NYC co-op or condo, and most of my homeowner clients do. New York’s homestead […]

Can You Get a Loan Modification During Bankruptcy in New York?

Homeowner receiving house keys after resolving mortgage trouble through a loan modification during bankruptcy in New York

Many New Yorkers assume that filing for bankruptcy slams the door on a mortgage loan modification. The opposite is closer to the truth. Filing for bankruptcy in New York does not disqualify you from a loan modification, and in many cases it actually strengthens your position — pausing a foreclosure, stopping other creditors, and putting […]