Mortgage and Loan Modifications

Various mortgage and loan programs are out there that can help you get out from under large sums of debt and obtain more reasonable monthly payments. When you involve a professional lawyer in the process, negotiations can be made on your behalf. With various programs in place within the state of New York, there are many options that can

Learn more


Debt Settlement

Debt settlements and credit card settlements happen every day. Some settlements are executed properly and some are not. Before you try to settle debts, contact Kachan Law for more information. They will be able to guide you through the process, negotiate on your behalf and ensure the correct notations are made on credit reports.

Learn more


Loan Workouts

Commercial loan workout is a type of loan settlement arrangement in which our firm is particularly experienced, that may benefit businesses that are either unqualified for a bankruptcy filing, or are experiencing difficulties with only one or a few lenders. The result may be a step payment of a fraction of the original debt that may allow

Learn more


Chapter 13

Chapter 13 Bankruptcy is an option for those whose income exceeds Chapter 7 bankruptcy requirements and those who own property whose value exceeds homestead equity allowances of Chapter 7, or who own investment property with equity.  Chapter 13 is usually a 3-5 year repayment pan of all excess monthly income to the trustee, for the benef

Learn more


Chapter 7

Chapter 7 Bankruptcy allows a filer to discharge all unsecured debt such as credit cards and loans. Recent changes to NY bankruptcy exemptions now allow debtors to retain their homes in a majority of cases, even when there is significant equity.  Income and property ownership restrictions apply to this type of bankruptcy, however a vast

Learn more


Chapter 11

Chapter 11 is a bankruptcy for active businesses and those with significant accounts receivable.  Many filers with active businesses are able to declare Chapter 7, not Chapter 11 because most business debt is personally guaranteed and the assets of many small businesses are very limited. The businesses that remain active or have an act

Learn more

Our Team

  • Alla Kachan

    The Law Offices of Alla Kachan PC is a firm with a revolutionary approach to debtor and creditor law. We believe that no one should be a victim of predatory lending practices, rising minimum payments and snow balling debt. We empower our clients to rise above difficult circumstances and risky business decisions, to erase the effects of the past on their future, and to move forward with a clear view of infinite possibilities. With a solid grasp of debtor and creditor law, Alla Kachan has a unique insight and perspective in formulating shareholder and operating agreements, sale and purchase of corporate stock agreements, employment agreements, and conducting in depth commercial lease reviews. When in the hands of business and liability professional, you can rest assured that all possibilities will be explored and all angles, even the least expected ones, will be covered.

    Read More


Law Office of Alla Kachan, PC
415 Brighton Beach Ave
Brooklyn, NY 11235
Second floor.
Neighborhood: Brighton Beach Phone: (718) 513-3145

View Larger Map