Partner and Brooklyn bankruptcy attorney Bruce Weiner will participate in a CLE (continuing legal education) teaching panel on Basic Bankruptcy for attorneys on Jan. 29th 2013 at the New York County Lawyers Association, 14 Vesey Street, NY, NY 10007. The course is co-sponsored by Lawline who will be offering a webcast of the event. The . . . → Read More: Bruce Weiner To Teach CLE Course On Bankruptcy
People often rely on credit cards to pay their bills when their incomes stagnate or drop. To prevent debtors from defaulting or filing bankruptcy, banks have come up with “balance liquidation plans (BLPs),” which are specialized repayment plans for debtors who are no longer able to make the monthly payments. They require the debtor to terminate . . . → Read More: Are Balance Liquidation Programs Worthwhile?
Although most recent news about student loans has revolved around the changes to the Income-Based Repayment plan and the process for obtaining a hardship discharge for federal student loans, one item that may not have gotten as much press as it deserved was the Consume Financial Protection Bureau’s (CFPB’s) ombudsman’s report on private student loan servicers. . . . → Read More: The CFPB Student Loan Ombudsman’s Report Describes Private Student Loan Servicers’ Worst Practices
Repossession agents (“Repo Men”) have unusually dangerous jobs. In fact the Repo Times (yes, there is an online publication dedicated to repossession news) has an entire “Police Blotter” section that reports on the various incidents involving people attacking repossession agents. So, it’s important to remember that these are just people doing their jobs. They may be . . . → Read More: Strategies for Preventing Repossession of Your Vehicle
A few weeks ago in early December, the LA Times ran a story about a man’s strange experience with his condo. Although New Yorkers are more likely to live in coops, condo ownership is on the rise, especially in north Brooklyn, so the story is more relevant now than it was in the past. Apparently, Jeffrey . . . → Read More: Don’t Do What the Los Angeles Condo Owner Did
Just last week Governor Cuomo went to the national capital asking for $42 billion from the federal government: $32.8 billion to clean up the damage caused by tropical storm Sandy and the remaining $9 billion to help the state prepare for the next disaster. The Huffington Post itemizes the governor’s proposal, and if you do the . . . → Read More: How to Ensure Super-Storm Sandy Doesn’t Throw You Into Bankruptcy
It didn’t appear very widely in the news, but it appears that the two government-sponsored agencies (GSEs) responsible for mortgages, Fannie Mae and Freddie Mac, have suspended their eviction procedures for people living in foreclosed homes through the New Year. You can read about it here on The Huffington Post. Here are a few things you . . . → Read More: Fannie and Freddie Foreclosure Eviction Moratorium Begins This Week
Brooklyn bankruptcy attorney Bruce Weiner was interviewed last week by NYC Financial Advisor Sara Stanich for her blog “Cultivating Wealth”. The interview covers questions about bankruptcy and divorce, debt negotiation and when to consider filing.
Here’s an excerpt from the interview:
Sara Stanich: “I work with people going through divorce and debt is often a big issue. . . . → Read More: Bruce Weiner Interviewed On Bankruptcy, Divorce And Other Financial Issues
Many New Yorkers who are considering filing bankruptcy often ask “What will happen to my jewelry?” It’s a good question because the precious metals we adorn ourselves with are often the third most valuable type of assets people typically have after houses and cars. There also often the first type of assets that people pawn to . . . → Read More: What You Need to Know About New York Jewelry Exemptions
It’s not uncommon for debt collectors to break the law when trying to recover money from debtors. Usually, their actions run afoul of the Fair Debt Collection Practices Act (FDCPA) or the Telephone Consumer Protection Act (TCPA). Violations of these federal statutes and their New York analogues can result in compensation for you and even your . . . → Read More: Why Would a Debt Collector Ask for Confidentiality in a Lawsuit Settlement?