Bankruptcy

When New York residents are facing overwhelming debt, they will have a multitude of worries to address. Receiving the endless calls from creditors, comparing income to debt, wondering what the future holds – all can lead to significant stress. Property owners will...

When people think about bankruptcy, they may assume that they must give up everything they own in order to have a fresh start. This is not the case, as most people will be allowed to keep certain assets even if they decide to file for bankruptcy. Chapter 7 bankruptcy...

After a lengthy reprieve that started in 2020, those with ongoing student loan debt had to resume making their installments in October of 2023. When considering average monthly payments at nearly $300, the additional money going out could create financial problems....

Job loss, medical emergencies, divorce and overall financial struggles can leave many New York residents wondering how they will make ends meet. When they have fallen behind on their bills, the endless stream of phone calls from creditors can be enormously stressful....

Dealing with overwhelming debt can be extremely stressful. In fact, some people try so hard to claw their way out of the hole and do so for so long that they end up developing deeply set anxiety and depression that impacts nearly every aspect of their lives. If you’re...

For New Yorkers who are experiencing financial struggles, bankruptcy is often a worthwhile option to consider. People who do not own a home or have significant property that would be liquidated can benefit greatly from the Chapter 7 discharge. Despite its positives, a...

When New Yorkers have smothering debt they cannot pay back, they think about various solutions to the problem. Some fear bankruptcy amid the belief that it can be permanently damaging. However, bankruptcy is a viable solution to get out of debt and restart a financial...