New York foreclosures affect student performance too

October 6, 2010
>> Foreclosure

L_Train — Is foreclosure the end of the line for New York City students?

A revealing study titled Kids and Foreclosures: New York City was released yesterday by New York University’s Institute for Education and Social Policy and NYU’s Furman Center for Real Estate and Urban Policy. The study demonstrates that students living in homes subject to foreclosure suffered lower reading and math scores. The study also notes that the majority of foreclosures in New York City were in southeast Queens and northern Brooklyn. An article in Crain’s New York Business provides more detail.

So often the human cost of foreclosure is overlooked. We hear about the large numbers of foreclosures, the cost to our economy, etc. But foreclosure also takes a very personal and psychological toll on people. This cost to our society is more difficult to measure and is frequently overlooked. But it’s just as important if not moreso.

It’s also a reminder that a good bankruptcy lawyer frequently takes on the role of psychologist or social worker, not just listening to the legal problems but also the bigger picture problem that a client faces. Understanding the whole situation and the client’s emotional perspective can be very helpful in devising appropriate legal solutions through the bankruptcy process.

If you’re facing foreclosure in New York or considering bankruptcy in New York, please feel free to contact me for a free initial consultation to discuss the legal issues as well as the big picture.

Contact Bruce Weiner, Esq.

EMAIL Bruce Weiner
Phone
(718) 855-6840 (Local)
(866) 402-8476 (Toll Free)
Fax (718) 625-1966

Go to Brooklyn NY foreclosure attorneys to learn more about Rosenberg Musso & Weiner LLP and/or to set up a free consultation.

Rosenberg, Musso & Weiner, L.L.P
26 Court St # 2211
Brooklyn, NY 11242, USA
718-855-6840
http://nybankruptcy.net/

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