Long Island Bankruptcy Law Blog
What is the timeline in a foreclosure?
Although many New York residents were able to make it through the economic turmoil of the last decade in fair financial shape, the reality is ...
Read MoreCredit card debt in America now close to 2007 high mark
Debt accumulated on credit cards is one of the most common reasons for Americans to file for bankruptcy. Now, according to a recent report, accumulated ...
Read MoreWhat steps should you take to address debt and bankruptcy?
Many New York residents are facing a problem that millions of other Americans throughout the country are also facing: debt. Whether it is student loan ...
Read MoreUS residents have rising credit card debt vs. savings ratios
One way to measure the health of an individual or household’s financial health is to look at the ratio of debt to savings. This is ...
Read MoreHelping New Yorkers qualify for personal bankruptcy
Filing for bankruptcy is not an easy decision for most people. Admitting one has gotten into more debt than he or she can handled can ...
Read MoreThings New Yorkers should know about debt relief
Our modern world contains many ways to create debt. Whether due to a loss of income, a serious medical event, or the collapse of an ...
Read MoreWhat is a ‘judicial foreclosure’ in New York?
It is an unfortunate fact that, for many reasons, foreclosure rates in the United States have accelerated in recent years. For Long Islanders that have ...
Read MoreWhat is a “trustee” in a Chapter 7 bankruptcy?
The economic downturn of 2008 hit many Long Islanders and other New York residents hard. The economic slowdown affected the ability of businesses to hire ...
Read MoreCan student loan debts be discharged through bankruptcy?
Many people in Long Island who wanted to go to college, but were unable to afford to do so, took out student loans to finance ...
Read MoreIs crowdfunding a good way to deal with medical debt?
Crowdfunding is a popular way to raise money these days as it allows people in Long Island and nationwide to reach out to family, friends ...
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