Long Island Bankruptcy Law Blog

Filing for bankruptcy to stop foreclosure

Our readers may be familiar with many of the advantages that New York residents will benefit from in the bankruptcy process. Many different types of ...

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Addressing credit card debt with a bankruptcy filing

Many people in New York are able to make their monthly credit card payments, even as they carry thousands of dollars in balances on the ...

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What are the most common questions when it comes to foreclosure?

Individuals and families in New York who are facing financial challenges are usually looking for options: Can I increase my income? Can I trim my ...

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What causes Americans to pursue a bankruptcy filing?

Most of our readers have probably seen the most recent news about the national economy that indicates that things are looking good for the future. ...

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Answering your questions about bankruptcy filings

People in New York who are on the verge of filing for bankruptcy have usually already faced quite a few financial challenges. For some, the ...

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The benefits of an automatic stay in a bankruptcy filing

Previous posts here have mentioned that New York residents who are facing financial challenges need to weigh the “pros” and “cons” of filing for bankruptcy. ...

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How do you make the decision to file for Chapter 7 bankruptcy?

When New York residents face financial challenges, they also face difficult questions. They may explore all of the possible options, but, in many cases, the ...

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$1 trillion in credit card debt in America

There are many different indicators that economists keep track of to measure the so-called “health” of the national economy. Credit card debt is one such ...

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What are the advantages of Chapter 11 bankruptcy?

By most indications, the national economy is on the upswing. That should be good news for everyone, including businesses in New York. But, unfortunately, there ...

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Stopping a foreclosure with a Chapter 13 bankruptcy filing

As a recent post here noted, many New York residents are still facing problems meeting their monthly mortgage payments, even as the national housing markets ...

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