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BANKRUPTCY & FORECLOSURE

SNIDER LAW PLLC helps individuals and businesses navigate the complex process of filing for BANKRUPTCY, which is a legal procedure for dealing with overwhelming debt when someone is unable to repay their creditors.  Bankruptcy is not a sign of failure but rather a structured method to confront financial hardship and begin rebuilding.  For many residents across Manhattan, Bronx, Queens, Brooklyn, Nassau and Suffolk counties, the high cost of living, unexpected medical bills, or job loss can lead to situations where debts become unmanageable. Seeking help from a qualified bankruptcy lawyer becomes a practical step toward stability.

This process provides a framework to either liquidate assets to pay off creditors (Chapter 7) or to create a repayment plan over several years (Chapter 13).  Additionally, Chapter 11 offers reorganization options primarily for businesses. A knowledgeable bankruptcy attorney can assess your unique financial picture—your income, assets, and debts—to determine which path offers the most viable option. Filing for bankruptcy initiates an “automatic stay,” which immediately stops most collection actions, providing critical thinking and breathing time.

SNIDER LAW PLLC also helps homeowners facing FORECLOSURE.  Here, our primary role is to help our clients avoid or delay the loss of their property due to nonpayment of a mortgage loan. SNIDER LAW PLLC attorneys are knowledgeable about foreclosure laws and the legal procedures within New York.  We assess your case thoroughly and create legal pathways aimed at protecting your home.  Whether it’s loan negotiation or courtroom representation, you will not have to go through it alone.

SERVICES

  • Chapter 7

  • Chapter 11

  • Chapter 13

  • Foreclosure Defense

  • Loss Mitigation

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