Bankruptcy Lawyer in Holbrook, NY

Get Real Debt Relief That Actually Works

Stop creditor calls, save your home, and eliminate overwhelming debt with experienced bankruptcy representation in Holbrook.

Hear from Our Customers

Chapter 7 Bankruptcy Attorney

What Life Looks Like After Bankruptcy

You wake up without that crushing weight on your chest. No more avoiding phone calls from unknown numbers. No more panic when opening the mailbox.

Your paycheck stays in your account instead of getting garnished. You can focus on your family instead of juggling minimum payments that never seem to make a dent. The constant stress that’s been eating at you for months or years finally lifts.

Bankruptcy isn’t the end of your financial life—it’s the beginning of a new one. Most of our clients see their credit scores start recovering within 12-18 months. You keep your home, your car, and the essentials while eliminating the debt that’s been drowning you. That’s what real debt relief looks like.

Holbrook Bankruptcy Law Firm

We Know Long Island Debt Problems

The Frank Law Firm P.C. has been helping Long Island families navigate financial crises for years. We understand the specific pressures Holbrook residents face—high property taxes, expensive utilities, and the cost of living that keeps climbing while paychecks stay flat.

We’re not a bankruptcy mill that rushes you through paperwork. Every case gets personal attention because we know your situation is unique. Most importantly, we’ve seen hundreds of families come out the other side of bankruptcy stronger and more financially secure than they’ve been in years.

How to File Bankruptcy

The Process Is Simpler Than You Think

First, we sit down for a free consultation to review your debts, income, and assets. No judgment, just facts. We’ll determine whether Chapter 7 or Chapter 13 bankruptcy makes more sense for your situation.

Once you decide to move forward, we handle all the paperwork and court filings. The automatic stay kicks in immediately, which means creditors have to stop calling and collection actions must halt. This includes foreclosure proceedings if you’re behind on your mortgage.

For Chapter 7 cases, most of our clients are done within 3-4 months. Chapter 13 involves a 3-5 year repayment plan, but you’re protected the entire time. Either way, you’ll attend one brief meeting with the bankruptcy trustee, and we’re there with you. After discharge, those qualifying debts are gone forever.

Ready to get started?

Explore More Services

About Frank Law Firm, P.C.

Get a Free Consultation

Debt Relief Lawyer Services

Complete Bankruptcy Protection for Holbrook Families

We handle both Chapter 7 and Chapter 13 bankruptcy cases, plus foreclosure defense when you need to buy time. Our service includes a thorough review of your financial situation, preparation of all required documents, and representation at all court proceedings.

You’ll get clear explanations of what debts can be eliminated, what property you can keep, and how bankruptcy affects your credit going forward. We also provide foreclosure defense services to help you explore alternatives to losing your home, including loan modifications and short sales when bankruptcy isn’t the right fit.

Many Holbrook families come to us after trying debt consolidation companies or credit counseling services that didn’t deliver results. We focus on solutions that actually eliminate debt rather than just shuffling it around.

Will I lose my house if I file for bankruptcy?

Most homeowners keep their homes in bankruptcy. New York’s homestead exemption protects significant equity in your primary residence, and if you’re current on mortgage payments, you can usually continue making them and stay in your home. Chapter 13 bankruptcy is specifically designed to help people catch up on mortgage arrears while eliminating other debts. Even in Chapter 7, you can often reaffirm your mortgage debt and keep making payments. We review your specific situation during consultation to determine the best strategy for protecting your home.

What's the difference between Chapter 7 and Chapter 13 bankruptcy?

Chapter 7 eliminates most unsecured debts like credit cards and medical bills within 3-4 months, but you must qualify based on income and expenses. Chapter 13 involves a 3-5 year repayment plan where you pay back a portion of your debts based on what you can afford, then the rest is discharged. Chapter 13 is often better if you’re behind on mortgage payments, have significant assets to protect, or earn too much for Chapter 7. Both stop creditor harassment immediately and can prevent foreclosure, but the right choice depends on your income, debts, and goals.

How much does it cost to file bankruptcy in New York?

Court filing fees are $338 for Chapter 7 and $313 for Chapter 13, plus mandatory credit counseling courses that cost about $20-50 each. Attorney fees vary based on case complexity, but we offer payment plans to make representation affordable when you’re already struggling financially. Many clients use their tax refunds or temporarily stop paying credit cards (once they’ve decided to file) to cover legal fees. We’re upfront about all costs during your free consultation, and there are no hidden fees or surprises.

How long does bankruptcy stay on my credit report?

Chapter 7 bankruptcy appears on your credit report for 10 years, while Chapter 13 shows for 7 years. However, the impact on your credit score decreases significantly over time, especially if you practice good credit habits after discharge. Many clients see their scores improve within 12-18 months because they no longer have high debt-to-income ratios and late payments. You can often qualify for a mortgage 2-3 years after bankruptcy discharge, sometimes sooner with FHA loans. The key is starting fresh rather than continuing to struggle with unmanageable debt that keeps hurting your credit every month.

Can I keep my car if I file for bankruptcy?

Yes, in most cases you can keep your vehicle. New York allows you to exempt up to $4,825 in vehicle equity, and if you owe more than the car is worth, there’s no equity for the trustee to claim. If you’re current on car payments, you can usually reaffirm the loan and continue making payments. If you’re behind on payments, Chapter 13 lets you catch up over time while keeping the car. Even if your vehicle has significant equity above the exemption amount, Chapter 13 allows you to pay the trustee the non-exempt amount over 3-5 years rather than losing the car.

Will my employer find out if I file for bankruptcy?

Bankruptcy filings are public records, but employers rarely check unless you work in finance or have security clearance requirements. Your employer won’t be notified unless they’re also a creditor (like if you owe money on a company credit card) or if your wages are currently being garnished. If there’s an active wage garnishment, we notify your payroll department that it must stop due to the automatic stay. Most employers understand that financial difficulties happen and won’t take action against employees who file bankruptcy. The relief from financial stress often helps job performance more than any potential workplace concerns.

Local Resources

Holbrook, NY is located in Suffolk County in New York State