Alternatives to Bankruptcy in Long Island

Finding the Debt Relief You Need

Bankruptcy is not always the right option for a debtor. That is why we consider it important to include information about potential alternatives to bankruptcy, which may help a debtor regain control of his or her finances while avoiding the extreme of filing for bankruptcy. Unfortunately, there is no easy way to get out of debt. However, there are some helpful tips you can consider that may help you get out of debt without resorting to bankruptcy.

Managing Partner Richard Jacoby gives a brief overview of Chapter 7 Bankruptcy and the importance of hiring a dedicated Long Island bankruptcy lawyer to assist with your case.

Our bankruptcy lawyers are always prepared to help you, so contact our firm today! Call (888) 452-2629.

Following are some of the options that the Long Island bankruptcy attorney at our law firm can discuss with you in regard to your particular financial situation:

  • Eliminating unnecessary expenses in order to dedicate more of your income to paying off debt
  • Selling that second car, selling your home or asking a relative for a loan in order to pay off debt
  • Negotiate with your creditors to see if you can settle your debts yourself, for less than you owe
  • Working with Consumer Credit Counseling Services (CCCS), an agency that can offer you a plan for paying off debt as though through a Chapter 13 reorganization, without actually filing for bankruptcy
  • If you’re facing foreclosure, looking at alternatives such as a loan modification, short sale or deed in lieu of foreclosure

Of course, your particular options will vary depending on the amount of debt you are dealing with, your financial goals and your plans for the future. Some of the above options may not work for you, and chances are that if you are facing an extremely extensive amount of debt that bankruptcy may be the best option.

Which option is right for you?

At Jacoby & Jacoby, we have more than 5 decades of combined legal experience to apply to your case. Our attorneys have handled more than 15,000 cases of this kind and have helped our clients eliminate millions of dollars in debt through the years. As the largest bankruptcy law firm on Long Island, we have the resources to properly represent your interests and assist you in making the right choices about your financial future.


Why Choose Jacoby & Jacoby?

Experienced and Qualified Representation

When you work with a New York bankruptcy lawyer at Jacoby & Jacoby, you have the benefit of our years of experience and our extensive resources, all at your disposal as you face these trying times. The stress and emotions associated with mounting debt may leave you feeling hopeless and lost. Thankfully, with the help of a lawyer at our firm, you can begin to take control of your finances and experience much needed relief.

By discussing your situation with an attorney at our firm, you can decide whether bankruptcy is right for you. You can learn what your options are. When you work with an experienced attorney at Jacoby & Jacoby, you will have the support and legal counsel of a professional who will know what to do to help. Finally, you can experience relief from creditors. You can stop worrying about losing your possessions or your home.

Contact our firm today, and learn more about the many ways that we can come to your aid. Call Jacoby & Jacoby at (888)452-2629.

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    Medford, NY 11763


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"We are a designated debt relief agency under Federal Law & we provide legal assistance to consumers seeking relief under the Bankruptcy Code".