I’m pleased to share that I’ve been invited by the New York State Bar to speak on bankruptcy issues in connection with the “2009 Handling the Tough Issues in a Plaintiff’s Personal Injury Case” program on November 13, 2009. The program will be held at the Hotel Pennsylvania in Manhattan. Here’s a brief outline of …
New York State Bar Speaking Engagement in November on Bankruptcy Read More »
“We’ll help you settle your debts for pennies on the dollar.” Sound familiar? Maybe you’ve seen these Credit Solutions ads on TV, on the internet or even in the New York subway. ABC News recently ran a segment where they investigated Credit Solutions and the debt settlement industry, which revealed that the debt settlement company …
New York’s unemployment rate has increased to 8.7% from 8.2%, the worst it’s been since October 1992. (FYI, the national rate just moved from 9.4% up to 9.5%, so New York is doing relatively well, but still…) On healthcare, our government is facing an uphill battle in creating some sort of national healthcare option that …
New York personal bankruptcy rate likely to continue to increase Read More »
Just want to let everyone know that the Bankruptcy FAQ section from our website is now also available on this blog. In the Bankruptcy FAQ section, you can find answers on the following topics: What disclosures must a collection agency provide to a debtor? What actions must a collection agency avoid? Are there any alternatives …
A short (and funny) video from the TV show The Office that shows how not to declare bankruptcy–in Scranton, PA, in New York or anywhere else: [youtube=http://www.youtube.com/watch?v=HuGIgf-ICHM] The real way to “declare” bankruptcy in New York is to file a petition with the Bankruptcy Court. You might be surprised, however, to learn that most lawyers …
As New Yorkers and the rest of America brace for more foreclosures, the loan modification option has not helped as much as hoped. As a result, a number of states have been implementing foreclosure mediation programs and other alternative dispute resolution options aimed at nudging more mortgage banks to the negotiating table. The Center for …
Foreclosure mediation and other new ways to encourage loan modification Read More »
If you’re considering filing for bankruptcy lawyer Brooklyn NY, this news report by New York’s CBS News is worth a quick watch. Though interestingly, towards the end of the report reporter Kirstin Cole rightfully point out to be wary of debt settlement companies. However, at the very end the anchor seemingly contradicts Cole by instructing …
In the Irony Department, today a debt settlement company called Debt Relief USA filed for bankruptcy, according to an article in the Dallas Morning Herald. And the further irony is that many of the debtors who turned to Debt Relief USA for help are now creditors, while Debt Relief USA is the debtor! This, of …
A recent Washington Post article on credit scores (“Credit Score Shell Game“) is very illuminating. It’s one more example of how the world of credit cards is getting less warm and fuzzy and how struggling Americans can get scammed in the process. The gist of it is that: Credit scores are becoming more important as …
Understanding your credit score in the new economy Read More »
If Gabriel Garcia Marquez had struggled with his mortgage, he might have written Love in the Time of Foreclosure (http://loveinthetimeofforeclosure.blogspot.com). Instead, it’s a blog being currently written by a young woman in California describing the process of going through a foreclosure and her efforts to stay positive and keep perspective on everything. On the topic …
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