Bankruptcy And Taxes In New York City
First, it is important to understand how a bankruptcy filing works. For individuals or married couples there are 2 main types of filings in New York. This first, and most common, is chapter 7 or “Liquidation Bankruptcy”. When an individual or couple files for chapter 7 a bankruptcy “estate” is created. This covers everything owned […]
How much does it cost to file for Bankruptcy?
You should be very careful in choosing the correct lawyer because the consequences can be devastating if your case is not properly handled. During your search to find the right bankruptcy lawyer, please keep in mind the following items: Be wary of non-lawyer paralegals and high volume/low fee bankruptcy attorneys that make claims like “lowest fees”, […]
Chapter 13 Bankruptcy in NYC
About Filing Chapter 13 Bankruptcy in New York City Many people throughout New York City struggle to pay their bills each month, and often find themselves falling farther and farther behind. Failing to take care of these problems can lead to losing your home, car, and personal property. At The Law Office of William Waldner, […]
Chapter 7 Bankruptcy
About Filing Chapter 7 Bankruptcy in New York City Many people throughout New York City struggle to pay their bills each month and often find themselves falling farther and farther behind. Failing to take care of these problems can lead to losing your home, car, and personal property. At The Law Office of William Waldner, we […]
About William Waldner
[twocol_one] [/twocol_one] [twocol_one_last] William Waldner was born and raised in Boca Raton, Florida. Upon graduating high school, William went off to Boulder, Colorado to attend and graduate from The University of Colorado. William then went on to the Thomas M. Cooley Law School where he completed a externship with The Law Office of […]
⚖️ Frequently Asked Questions About Bankruptcy
This information is for general understanding only—not legal advice. For personalized guidance, please contact the Law Office of William Waldner. 1. What happens when I file for bankruptcy? Once your petition is filed, an “automatic stay” goes into effect—creditors, wage garnishments, foreclosures, repossessions, collection calls, and even tax-collection activity must stop immediately. Your 341 meeting […]
How to Determine if you can keep your home in Chapter 7 Bankruptcy
Filing for Bankruptcy does not automatically mean that you will lose your home. If the property is your primary residence, then you can likely keep you home if there is under $150,000 equity ($300,000 equity for joint filers) in your, home and you live in New York City. First, it is important to find out the value […]