Bankruptcy

Bankruptcy can help people in many different situations, and there are different forms of bankruptcy that work better in specific circumstances. Your situation largely dictates the best options when it comes to the chapter of bankruptcy you file. Many people only know...

The main focus of a standard individual bankruptcy filing will be unsecured debts like credit card balances and medical debt. Such financial obligations are eligible for discharge at the end of a successful bankruptcy filing. You cannot as quickly or easily address...

You have become one of them – a person who has filed for bankruptcy. You fear being labeled and judged. But what you may not know is that bankruptcy does just surface within a single demographic. People from various walks of life have chosen this route to steady their...

Having many debts can be overwhelming. However, you can get rid of the financial pressure by filing for Chapter 7 bankruptcy. If you file for bankruptcy under this chapter, most of your debts will be eliminated, and the creditors won’t be able to pursue you for your...

It is difficult to not worry when money is tight. When a New York resident struggles to pay their bills or cannot cover the costs of their rent, they might worry about how they will provide for the ones they love. Debt and financial hardship are next to impossible to...

For some New York residents, filing for bankruptcy is a way to a fresh start. For others, it is a situation they want to avoid at all costs. Frequently, this is the case because they have some misconceptions about a law designed to help consumers. No, bankruptcy will...

In New York, people experience financial problems with regularity. This could be due to job loss, medical expenses, overwhelming bills, and other unforeseen circumstances. While bankruptcy is legal and an effective way to clear debt, people might fear they will lose...

You pondered day and night before filing for bankruptcy. You were embarrassed and ashamed to even consider it. However, you overlooked a major point: Bankruptcy provides a fresh start. It helped you and provided you with the chance for a deep introspective look into...

As the new year kicks into full swing, you may be hard at work on your list of resolutions. If improving your financial situation is one of your priorities, you may be weighing your options. While a bankruptcy filing is not right for every New Yorker, it is often an...