How Your Income Affects Bankruptcy Eligibility in New York (The Means Test Explained)
“Earning more than the New York median doesn’t automatically disqualify you from Chapter 7. It just means your expenses, not your paycheck, decide the outcome.” A lot of people rule themselves out of Chapter 7 bankruptcy the moment they see a number on a...
How Your Income Affects Bankruptcy Eligibility in New York (The Means Test Explained) Continue reading…New York Law Journal Feature
We are proud to share that one of our recent estate matters was featured in the New York Law Journal. The case involved the recognition of a foreign will and ancillary estate proceedings in New York, where we successfully represented the executor and sole beneficiary of a Greek national seeking access to...
New York Law Journal Feature Continue reading…Will I Lose My Home or Car If I File Bankruptcy in New York?
Most New Yorkers who file bankruptcy keep both their home and their car. Exemption laws protect your equity, and Chapter 13 can even stop a foreclosure or repossession that is already in motion. For most New Yorkers, the answer is no. The majority of people...
Will I Lose My Home or Car If I File Bankruptcy in New York? Continue reading…Can Bankruptcy Stop Wage Garnishment in New York?
Bankruptcy stops most wage garnishments the moment you file — but not all of them. Knowing which debts are covered can make all the difference. Yes. Filing for bankruptcy in New York can stop wage garnishment, and in most cases the protection takes effect the...
Can Bankruptcy Stop Wage Garnishment in New York? Continue reading…How Long Does Bankruptcy Take From Start to Finish in New York?
Chapter 7 bankruptcy in New York typically takes four to six months from filing to discharge, while Chapter 13 requires three to five years of repayment before debts are resolved. For most New York filers, a Chapter 7 bankruptcy takes four to six months from...
How Long Does Bankruptcy Take From Start to Finish in New York? Continue reading…Do You Need an Attorney to File Bankruptcy?
Filing without an attorney is legally allowed, but in New York, one procedural mistake can cost you property you could have kept. In New York, you are not legally required to hire an attorney to file for bankruptcy. However, bankruptcy cases involve complex federal rules,...
Do You Need an Attorney to File Bankruptcy? Continue reading…What Debts Bankruptcy Can and Cannot Wipe Out in New York
Bankruptcy can eliminate many common debts, but it does not erase everything. In New York, whether a debt can be wiped out depends on the type of debt, the bankruptcy chapter you file under, and how the obligation came about. When bills are piling up, knowing what bankruptcy can and cannot do...
What Debts Bankruptcy Can and Cannot Wipe Out in New York Continue reading…Chapter 7 vs. Chapter 13: Which Bankruptcy Option Is Better for Your Financial Situation?
Chapter 7 and Chapter 13 bankruptcy offer different ways to deal with debt, and the better option depends on your income, assets, and financial priorities. Chapter 7 focuses on eliminating qualifying debts in a relatively short time, while Chapter 13 uses a court-approved repayment plan to help you catch up gradually. When...
Chapter 7 vs. Chapter 13: Which Bankruptcy Option Is Better for Your Financial Situation? Continue reading…How Much Does It Cost to File Bankruptcy in New York in 2026?
Filing for bankruptcy in New York in 2026 usually costs between $400 and $4,000, depending on whether you file under Chapter 7 or Chapter 13 and whether you work with an attorney. That total comes from court filing fees, required credit counseling courses, and legal fees, which vary based on your income,...
How Much Does It Cost to File Bankruptcy in New York in 2026? Continue reading…
More Student Loan Borrowers Are Shedding Debts in Bankruptcy
A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. Student loans have long been perceived as impossible to cast off in bankruptcy. Few borrowers dare to even try. To do so, borrowers...
More Student Loan Borrowers Are Shedding Debts in Bankruptcy Continue reading…
Creating a Last Will & Testament: Key Considerations
Taking steps to create a Last Will and Testament is one of the most significant things you can do for yourself and your family. It’s a way to ensure that the people you care about and the causes you believe in are provided for according to your wishes. While...
Creating a Last Will & Testament: Key Considerations Continue reading…
Can Student Loans Be Discharged in Bankruptcy in New York?
Introduction: Why Student Loans Are Different If you’re struggling under the weight of student loan debt, you are not alone. Americans collectively owe more than $1.7 trillion in student loans, and for many borrowers, the payments feel impossible to manage. One of the most common questions we hear...
Can Student Loans Be Discharged in Bankruptcy in New York? Continue reading…