Bankruptcy Bill has a unique post out today that lists the bankruptcy lawyer for each of the many celebrities who have filed for bankruptcy. And apparently I’m on the top of the list in its current form. While I appreciate the additional visibility for my own practice, I think “celebrity bankruptcies” underscore the fact that …
I’ve previously warned against working with debt settlement companies on the basis that many of them are scams and just take advantage of people. However, here’s one more reason to be wary of debt settlement companies: 1099-C…. the tax document you receive signifying income when a debt is forgiven. If you negotiate a settlement so …
1099-C and Forgiveness of Debt: Another reason to be wary of debt settlement companies Read More »
A lot of New York readers may not know who their own Congressional representatives are in Washington, D.C. And perhaps as few know the state legislator from their district. But I’m willing to bet that almost no readers know who the Chapter 13 trustees are for their district in New York. So I’ve listed them …
It’s very common for clients filing for personal bankruptcy to worry about the 341 Meeting of Creditors. It’s the first “event” in a bankruptcy case and the first time for most clients to actually go to court. (Though it’s usually the only time the client needs to go to court in a bankruptcy case.) A …
What will happen at my 341 meeting of creditors in New York? Read More »
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 »
In a previous post I explained to all the New Yorkers out there what a preference lawsuit is and why you should care. While reading it may have helped make you feel smart at cocktail parties, in the back of your mind you were probably also wondering, “So what exactly should I do if I’m …
Let’s say someone owes you money. You know they’re having financial difficulties, so you go to them and try to get them to pay it back to you before they file for bankruptcy. You have a good relationship with them and they’re kind enough to make sure you get paid back. Three weeks later, the …
What is a preference payment? And why should you care? Read More »
no cost, 30 minute consultations in brooklyn, ny or melville, li
26 Court St # 2211
Brooklyn, NY 11242,USA
phone: (718) 855-6840
toll free:(800) 297-6840
fax: (718) 625-1966
68 south service road, suite 100
melville, ny 11747
phone: (631) 454-5248
by appointment only
