Long Island Bankruptcy Law Blog

Federal Reserve numbers show decreases in credit card debt

Even though the recession may be officially over, many people–especially New York residents–carefully watch financial indicators to assess the strength of the economy and whether ...

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Homeowners have more ways to stop foreclosure than they think

Financial challenges are always tough for New York families. Worrying about which bills to pay, dealing with the harassment of debt collectors and creditors, and ...

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What are the differences between Chapter 13 and Chapter 7?

Chapter 13 and Chapter 7 both provide debt relief for consumers who are no longer able to meet all their financial obligations. There are some ...

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Federal statistics show rising household credit card debt

The effects of carrying large amounts of credit card debt can reach far beyond the expenses of significant interest charges or negative consequences on a ...

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New court rules help protect New York debtors

Debt is extremely common, and nearly unavoidable, in many households in Long Island, New York. For decades, debt levels throughout the country continued to rise, ...

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Don’t fail to consider Chapter 7

Nearly every Long Island resident likely knows that bankruptcy exists as a form of debt relief. Many people probably fail to consider Chapter 7, however, ...

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What information must be included with Chapter 13 petition?

When New York residents consider filing for bankruptcy, they often have many questions about the process. It is important to understand that filing a petition ...

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Rules for consumer debt and debt settlement companies

Persisting financial struggles can be one of the most difficult things an individual experiences. Credit card debt is very common, with many people carrying high ...

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Unkept foreclosures on Long Island cause problems for residents

Even though the recession has technically been over for a while now, residents of Long Island, New York, continue to deal with the fallout. Homeowners ...

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New credit score calculation may benefit those in debt

Financial considerations are often foremost in the minds of New York residents who seek to keep moving ahead economically and enjoy a stable lifestyle. When ...

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