Bankruptcy Law

I’m a Little Behind on Bills – Should I File Bankruptcy?

Friday, October 19th, 2018

You’ve missed a few payments on your credit cards. You’re a month behind on one of your utility bills. You’ve told your landlord you absolutely will be able to pay your rent…it will just be two weeks late. If you’re in this financial situation and there doesn’t seem to be any solution in sight, is...  read more

I’ve Filed for Bankruptcy Once – Should I Do it Again?

Wednesday, September 26th, 2018

Bankruptcy is a chance for you to get your finances in order and, if all goes as intended, emerge in a stronger place than you were. But for some people, life doesn’t make it easy. You may find yourself dealing with unexpectedly losing your job, large amounts of medical bills, or even losing a very...  read more

What Will I Lose if I File Bankruptcy?

Wednesday, August 15th, 2018

Many people put off filing for bankruptcy because they believe they will lose everything they have. They’re concerned that their creditors will be able to seize their home, their vehicles, and even their possessions. However, that’s not always the case. There are different types of bankruptcy, and each bankruptcy situation is different. This means it...  read more

‘Too Little Too Late’: Bankruptcy Booms Among Older Americans

Tuesday, August 7th, 2018

For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy.   The signs of potential trouble — vanishing pensions, soaring medical expenses, inadequate savings — have been building for years. Now, new research sheds light on the scope of the problem: The rate...  read more

Bankruptcy – What Will it do to Your Credit?

Sunday, July 1st, 2018

Sometimes, it may seem like bankruptcy is the only option you have at the moment. However, it’s important to remember that bankruptcy isn’t something that’s done and over with in a matter of months. It’s something that will continue to affect you for years to come. While bankruptcy will stand on your credit report for...  read more

Signs That It Is Time to File for Bankruptcy

Wednesday, June 27th, 2018

When you are in over your head with credit cards or medical bills are piling up, you may think going bankrupt is your only way out. However, bankruptcy is only meant to be a last-resort option. So when the medical bills, rent, and unpaid mortgage starts bringing auctioneers to your door, it may be time...  read more

The Pros and Cons of Filing for Bankruptcy

Friday, June 1st, 2018

In order to relieve you from debts and help you start afresh financially, federal laws have a provision allowing individuals and businesses to file for bankruptcy. When you file for bankruptcy, you are basically stating that you are unable to clear your debts and that you would like to forge into a new future without...  read more

When Should I File for Bankruptcy?

Friday, January 19th, 2018

Deciding to file for bankruptcy can be one of the most challenging decisions to make. While filing for bankruptcy can help you get out of crippling debt, it also isn't without consequences. This means you need to seriously think about whether or not bankruptcy is the right option for you.   Let's take a look...  read more

Bankruptcy FAQ Part 1

Monday, October 16th, 2017

If you're considering filing for bankruptcy, you probably have more than a few questions. The bankruptcy process can be difficult and confusing, so it is important to fully understand what bankruptcy looks like before you file. To help you develop a better understanding of what it means to file for bankruptcy, we've answered a few...  read more

Chapter 7 Bankruptcy Overview for Brooklyn Residents

Sunday, July 16th, 2017

Filing for Chapter 7 bankruptcy can be one of the best ways to get out of unmanageable debt, but it isn't an option for everyone. As a way to discharge your debt, Chapter 7 allows you to get out from under the weight of extremely high payments - but only if you properly qualify. There...  read more

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