Is Chapter 7 Bankruptcy for You?
Before you make any decisions about filing chapter 7 bankruptcy, you must first know what chapter 7 bankruptcy is and whether or not it makes financial sense for you. Chapter 7 bankruptcy is the most simple and most common form of bankruptcy used by individuals and small businesses. Under...
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Common Personal Bankruptcy Questions and Answers
Filing for bankruptcy can be a complicated process for all except the most highly trained individuals. Creditors and debt collectors want you to pay your bills on time, and don’t want you to know that bankruptcy may be a way to get out from underneath that financial burden. But before you make...
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What Does the Bankruptcy Filing Process Entail?
Considering filing for bankruptcy? The procedure is a multi-step process that the bankruptcy court requires before a discharge from bankruptcy can occur. Although there are several types of bankruptcy, to keep it simple, we will only cover chapter 7 and chapter 13 here. The requirements for chapter 7 are a little easier...
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The Most Common Types of Bankruptcy
Both people and businesses file for bankruptcy when they are financially unable to pay their creditors on time, or at all. Bankruptcy allows individuals and businesses to get a fresh start so they can resume their lives without the burden of debt they can’t pay. Common reasons why they file bankruptcy are...
The Most Common Types of Bankruptcy Continue reading…How to Find a Great Bankruptcy Attorney in Nassau County
Persons or businesses file for bankruptcy when they are financially unable to pay their creditors on time, or at all. Bankruptcy allows individuals and businesses to get a fresh start so they can resume their lives without the burden of debt they can’t pay. Common reasons why they file bankruptcy are sudden...
How to Find a Great Bankruptcy Attorney in Nassau County Continue reading…Can I Keep My Tax Refund When I File Bankruptcy?
When you file for bankruptcy, the court-appointed trustee who represents the creditors is going to be looking at not only your assets but your tax return as well. The trustee’s job is to help creditors resolve bankruptcy disputes with debtors and their lawyers by reviewing the debtor’s financial records in order to pay...
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Bankruptcy Advice from a New York City Bankruptcy Attorney
Whether you live in New York City or another area where the cost of living is high, you know how difficult it can be to pay the bills when you have a family that relies on you. You’ve been frugal with your money, only spending on things that were necessary but you...
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Help! I’m Facing Foreclosure. What are my options?
Many homeowners don’t understand that mortgage companies don’t want to foreclose on properties unless they have to. They are in the business of loaning money, not foreclosing on homes. So what can you do to help keep your home? Contact the Mortgage Company as Soon as Possible
Help! I’m Facing Foreclosure. What are my options? Continue reading…What Are the Differences and Impacts?
Is your debt larger than you can handle? Are creditors sending you notices? Are you worried you might lose your home? Well you have options, and filing for bankruptcy is one of them. Yes, the word bankruptcy conjures up images of people who...
What Are the Differences and Impacts? Continue reading…