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…
Healthcare Decisions and Estate Planning: The Importance of Living Wills and Health Care Proxies
Planning for your future healthcare is one of the most thoughtful steps you can take to protect yourself and your family. For residents of Long Beach, NY, having a living will and healthcare proxy ensures your medical preferences are honored and eases the decision-making burden on your loved ones. At Robert H....
Healthcare Decisions and Estate Planning: The Importance of Living Wills and Health Care Proxies Continue reading…How to Rebuild Your Financial Life in Long Island, NY After Bankruptcy
Bankruptcy can feel overwhelming, leaving many in Long Island wondering how to rebuild their financial lives. While the road to recovery may seem daunting, the right steps can help you regain control and achieve lasting stability. Here's a guide tailored to residents of Long Island on how to bounce back after bankruptcy.
How to Rebuild Your Financial Life in Long Island, NY After Bankruptcy Continue reading…
Avoid These 10 Common Estate Planning Mistakes
Understanding Estate Planning Mistakes Misunderstanding the Importance of Estate Planning Failing to Recognize the Need for a Plan Estate planning is often overlooked by many individuals who mistakenly believe that it is a task that can be postponed....
Avoid These 10 Common Estate Planning Mistakes Continue reading…
Bankruptcy and Credit Scores: What to Expect and How to Rebuild
Understanding Bankruptcy and Its Impact on Credit Scores Types of Bankruptcy: Chapter 7 vs. Chapter 13 When it comes to bankruptcy, understanding the differences between Chapter 7 and Chapter 13 is crucial. Chapter 7 bankruptcy, often referred to as "liquidation bankruptcy," involves the...
Bankruptcy and Credit Scores: What to Expect and How to Rebuild Continue reading…
The Bankruptcy Filing Process: What to Expect from Start to Finish
Understanding Bankruptcy Basics Types of Bankruptcy: Chapter 7 vs. Chapter 13 When considering bankruptcy, it's crucial to understand the differences between Chapter 7 and Chapter 13 bankruptcy. Chapter 7, often referred to as "liquidation bankruptcy," involves the sale of a debtor's non-exempt assets...
The Bankruptcy Filing Process: What to Expect from Start to Finish Continue reading…
What Are the New Rules on Debt Collection?
On November 30, 2021, the Consumer Financial Protection Bureau (CFPB) issued 2 new rules under the Fair Debt Collection Practices Act (FDCPA). The new debt collection rules cover modern communication strategies like email, text messages, and social media. Now, debt collectors cannot only call you and contact...
What Are the New Rules on Debt Collection? Continue reading…
The Truth About How Bankruptcy Affects Your Credit Score
There are a lot of misconceptions regarding the impact bankruptcy may have on one’s credit score, which is why so many are often hesitant to opt for this choice. However, filing for bankruptcy is not the end of the world. Instead, it is an effective way for those who are struggling with...
The Truth About How Bankruptcy Affects Your Credit Score Continue reading…
Does Mounting Medical Debt Have You Considering Bankruptcy?
When a medical emergency strikes, your health and safety is the top priority—as it should be. Unfortunately, cost of treatment can range wildly depending on the condition and can quickly pile up—especially if your medical issue has also led to a loss of income or a drop in usable credit. If medical...
Does Mounting Medical Debt Have You Considering Bankruptcy? Continue reading…
New York Foreclosure Protections Extended into January 2022
If you’re a homeowner and facing foreclosure because of COVID-19, keep reading! On Sept. 2, New York Governor Kathy Hochule signed into law a new moratorium on pandemic-related residential and commercial foreclosures and evictions. This means that the deadline before foreclosure and eviction cases can proceed is now Jan....
New York Foreclosure Protections Extended into January 2022 Continue reading…