Recent posts

Discharging Certain Debts Through Bankruptcy in Brooklyn

June 22, 2017

There are many different terms thrown around when dealing with a Chapter 7 bankruptcy. One of the most common terms you'll probably hear throughout the process is a "debt discharge." Let's take a look at a few of the most common questions surrounding a debt discharge.   What does a "discharge in bankruptcy" mean?  ...  read more


New York Estate Taxes, The New York Death Tax

June 20, 2017

If you own an estate in the state of New York, you need to be aware of the many taxes your estate may face after you pass away. Currently, you do not owe any federal tax on your estate unless your estate is over $5.49 million.   Unfortunately, this does not mean you're completely exempt...  read more


Can a Will that Treats Children Differently be Fair?

May 16, 2017

Deciding where your assets go after you pass away can be difficult. When you have more than one child or a large family, you may want to be sure that each individual will receive an equal inheritance. However, this isn’t always realistic.   It’s normal to be concerned about splitting your possessions and assets among...  read more


New York City Law Outlaws Job Applicant Credit Checks

May 13, 2017

Our credit scores are important for getting a new loan, credit card, or approval for a mortgage. But until recently, you may have needed a great credit score to get employment in Brooklyn, New York City. With a recent law that has passed, employers cannot use your credit history against you during the hiring process....  read more


Steps to a Thorough Estate Plan

April 18, 2017

Many of us believe estate planning is only for the wealthy who have a lot to leave behind. But while individuals with large estates definitely need to have a plan in place, people with homes, savings accounts, and children should consider creating an estate plan. An estate plan ensures your assets, belongings, and property fall...  read more


Filing for Bankruptcy Without an Attorney

April 12, 2017

When you’re filing for bankruptcy, the thought of needing to pay for a lawyer can seem impossible and overwhelming. When you’re already unable to manage or control your debt, hiring a professional to help you through the bankruptcy process may not seem like an option. But can you really file for bankruptcy without an attorney’s...  read more


Why Some Debtors May Be Hounded by Collectors More Than Others

March 15, 2017

When a debt goes into collections, it becomes the debt collector’s responsibility to get you to pay. This means they will do everything in their power to push you to make a payment. Typically, this involves constant phone calls and letters.   But it seems like some individuals get hounded more aggressively than others. If...  read more


5 Biggest Estate Planning Mistakes

March 12, 2017

Creating an estate plan for your successors to follow is a great way to ensure all your property, assets, and belongings fall into the right hands after you pass. But just creating your estate plan isn’t always enough.   If you’re making mistakes when creating your estate plan, you may actually be creating a bigger...  read more


Benefits of a Charitable Remainder Trust

February 18, 2017

Many Brooklyn residents choose to leave a charitable donation behind as part of their estate plan. While this can be a great way to continue doing good after you’re gone, you will want to do some planning before leaving a donation.   Creating your donation as a charitable remainder trust, or CRT, can be beneficial...  read more


Chapter 13 Bankruptcy Repayment Plan

February 10, 2017

Filing for bankruptcy is a necessity for many individuals, but the processes for Chapter 13 and Chapter 7 bankruptcy are actually entirely different. Unlike under Chapter 7 bankruptcy, which forgives you for your debt, Chapter 13 requires you to create a repayment plan to pay off some of your debts. But how is the Chapter...  read more


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