Pre bankruptcy planning might be the most important thing you do if you plan on filing bankruptcy. So make sure you’re working with an experienced New York debt relief attorney. Pre bankruptcy planning DOES NOT mean that you run up a big debt on your credit card right before you file for bankruptcy with the …
Brooklyn bankruptcy lawyers can help you file for bankruptcy in New York. But not everyone is eligible for Chapter 7 under the 2005 bankruptcy laws. An experienced New York Chapter 7 bankruptcy attorney is therefore extremely important in helping you figure out if you are eligible for Chapter 7. Who can’t file for Chapter 7? …
Bankruptcy 7: Who can’t file for Chapter 7 bankruptcy in New York? Read More »
“How do I declare bankruptcy?” It’s of course not as simple as that scene in The Office where Steve Carell’s character stands in front of his colleagues and literally “declares” bankruptcy out loud for all to hear. (Ask any other Brooklyn, NY bankruptcy attorney and they’ll confirm this for you as well.) The first step …
How do I declare bankruptcy in New York? And can I file bankruptcy without my spouse? Read More »
Medical debt is responsible for over 60% of all bankruptcies in the U.S., and New Yorkers are no exception. People often think that medical debt has some special status. But if you consult with any experienced Brooklyn debt relief attorney, you’ll realize it’s actually just unsecured debt, no different than credit card debt. Bankruptcy and …
Bankruptcy and medical bills: Dealing with medical debt Read More »
Filing bankruptcy in NY is something many New Yorkers have considered and many will continue to consider–especially given the state of the economy. Today our Brooklyn bankruptcy lawyer discusses: What are the consequences of filing bankruptcy in New York City? The Good: 1. Filing bankruptcy in NY stops calls from creditors and collection agencies immediately. …
If you own a small business in Brooklyn, New York and are facing financial difficulties, it’s important to know that filing business bankruptcy is an option for you. What kind of business bankruptcy information do you need to proceed? First, you need a lawyer. Preferably an experienced Brooklyn business bankruptcy lawyer. Second, you need to …
Business Bankruptcy Lawyers in Brooklyn, New York Read More »
“I need to keep my car. Bankruptcy seems like it could make me lose it. What are my options in New York?” This is a common concern among people considering filing bankruptcy in New York. Fortunately, the bankruptcy code recognizes that people often need their cars so they can go to work and continue to …
Chapter seven bankruptcy (or “straight liquidation”) is the most common form of bankruptcy filing in New York and around the U.S. Thanks to the “means test,” however, it’s slightly less frequently used than it used to be. That’s because the means test for Chapter 7 bankruptcy was essentially put in place by the credit industry …
Chapter 7 bankruptcy and the means test: What does it mean? Read More »
If you’re thinking of filing for bankruptcy in New York and you previously took out a 401(k) loan, what should you be aware of? First, it depends upon whether you’re going to file for Chapter 7 or Chapter 13 bankruptcy. (And that’s a question to discuss with your experienced bankruptcy attorney in New York.) In …
Foreclosure looms over your Brooklyn home (or Manhattan, Queens, etc. home). You’re not sure what to do about it and may be wondering if a bankruptcy filing will help. Will bankruptcy stop foreclosure? Of course, the answer depends on your situation. There are many different factors to that affect the decision, which an experienced New …
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