Category: Bankruptcy

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...

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...

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...

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,...

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...

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...

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,...

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.