Matt Leichter, Author at Bankruptcy Attorney in Brooklyn, New York

Bruce Weiner Interviewed On Bankruptcy, Divorce And Other Financial Issues

Chapter 7 Bankruptcy, Debt / By Matt Leichter

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 …

Bruce Weiner Interviewed On Bankruptcy, Divorce And Other Financial Issues Read More »

What You Need to Know About New York Jewelry Exemptions

Bankruptcy / By Matt Leichter

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 …

What You Need to Know About New York Jewelry Exemptions Read More »

Why Would a Debt Collector Ask for Confidentiality in a Lawsuit Settlement?

Bankruptcy / By Matt Leichter

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 …

Why Would a Debt Collector Ask for Confidentiality in a Lawsuit Settlement? Read More »

New Student Loan Collections Bill in Congress

Bankruptcy / By Matt Leichter

Just over a month after the Obama administration issued an order accelerating a legislative rule change to the Income-Based Repayment (IBR) program that would benefit debtors with federal student loans, a new bill is now in Congress to revise the student loan system yet again. This time the goal is to eliminate the costs the …

New Student Loan Collections Bill in Congress Read More »

Take Notes When Debt Collectors Call

Bankruptcy / By Matt Leichter

It might seem like common sense advice to take notes whenever you deal with people over money matters, but with debt collectors it can be even more important because it’s as much a discussion about getting you to pay money as it is about manipulating the communication process to get you to pay. Many of …

Take Notes When Debt Collectors Call Read More »

What Debtors Will Find in the Discharge Order

Bankruptcy / By Matt Leichter

Aside from a few exceptional circumstances, Chapter 7 and Chapter 13 bankruptcies conclude with the bankruptcy court entering a discharge order, which is just a duplexed document with most of the important info on the back side. Its brevity, however, should not be confused with its power. Reading through the official form version can be …

What Debtors Will Find in the Discharge Order Read More »

Streamlined Procedures May Allow Easier Hardship Discharges for Disabled Student Debtors

Bankruptcy / By Matt Leichter

The most-noted change to the student loan rules that went into effect on November 1 of this year was to the Income-Based Repayment option for federal student loans. The changes will undoubtedly benefit many student debtors with lower monthly payments than before. The change to the federal code also touched on another subject: debts owed …

Streamlined Procedures May Allow Easier Hardship Discharges for Disabled Student Debtors Read More »

Federal Mortgage Forgiveness Debt Relief Act Set to Expire Before 2013

Bankruptcy / By Matt Leichter

One of the more popular laws passed after the housing bust was the Mortgage Forgiveness Debt Relief Act of 2007. Before it was enacted, if a lender canceled or forgave all or a portion of a homeowner’s mortgage, the homeowner would have to pay income tax on the forgiven sum via an IRS Form 1099-C. …

Federal Mortgage Forgiveness Debt Relief Act Set to Expire Before 2013 Read More »

Are There Times When Redemption Loans Are Worthwhile?

Bankruptcy / By Matt Leichter

Many people who file Chapter 7 bankruptcy in New York are car owners. More often than not, by the time they file, the cars are worth less than the remaining balance on the loans they used to finance them. However, because the car secures the loan, it gets a different treatment in Chapter 7. The …

Are There Times When Redemption Loans Are Worthwhile? Read More »

Obama Administration Enacts ‘Pay-As-You-Earn’ Rules for Student Loans

Bankruptcy / By Matt Leichter

The student loan system in the United States is quite complex, and many people who have trouble paying their student loans don’t know whether the loan is guaranteed by or direct from the federal government, or whether the loan is from a private lender. In terms of how it’s handled in bankruptcy, the difference hasn’t …

Obama Administration Enacts ‘Pay-As-You-Earn’ Rules for Student Loans Read More »

Free Consultation

(718) 855-6840

The office is open as per the NYS Covid-19 guidelines. We are now doing both in-person and telephone consultations. Please call the office at 718-855-6840 to schedule a time to speak with one of our experienced bankruptcy attorneys.

Matt Leichter

Bruce Weiner Interviewed On Bankruptcy, Divorce And Other Financial Issues

What You Need to Know About New York Jewelry Exemptions

Why Would a Debt Collector Ask for Confidentiality in a Lawsuit Settlement?

New Student Loan Collections Bill in Congress

Take Notes When Debt Collectors Call

What Debtors Will Find in the Discharge Order

Streamlined Procedures May Allow Easier Hardship Discharges for Disabled Student Debtors

Federal Mortgage Forgiveness Debt Relief Act Set to Expire Before 2013

Are There Times When Redemption Loans Are Worthwhile?

Obama Administration Enacts ‘Pay-As-You-Earn’ Rules for Student Loans

got questions?

brooklyn

melville