Secured Loans/Debts Consumer Bankruptcy

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The most common types of secured debt are mortgages and automobile loans.


When filing for bankruptcy in New York State, you have different options for dealing with these debts depending on what you want to do with the property.

If you want to stay in your home, filing Chapter 13 bankruptcy is often the best option. In a Chapter 13 proceeding, past due mortgage payments along with other debts are placed into a repayment plan.

If the house or car has become completely unaffordable, you can file Chapter 7 bankruptcy, in which you give the property up, the associated debts are eliminated, and you can start fresh.

Contact our bankruptcy attorneys to determine what the best course of action is for dealing with secured debt that has become too hard for you to handle.

Fill out the form below or call us at 646-326-9971 for a free in-office consultation.

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Bradley R. Bailyn, Esq. , Founder

Bailyn Law provides comprehensive legal and advisory services in the fields of bankruptcy and out-of-court debt workouts. We serve companies and individuals who wish to restructure their businesses or their finances to improve liquidity and increase profitability. We also advise creditors seeking to protect their legal rights and economic interests.

How can we help you?

Discover the advantages we bring you. No-cost initial consultation.

6301 Mill Lane Brooklyn, NY 11234

One Rockefeller Plaza, Tenth Floor New York, NY 10020

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The Bailyn Law Firm, P.C

 

6301 Mill Lane
Brooklyn, NY 11234

 

One Rockefeller Plaza, Tenth Floor
New York, NY 10020



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6301 Mill Lane Brooklyn, NY 11234

One Rockefeller Plaza, Tenth Floor New York, NY 10020

THE BAILYN LAW FIRM, P.C.