Long Island Bankruptcy Law Blog
If I file Chapter 7, will I lose all my personal property?
If you are a New York resident struggling with a large amount of personal debt, you may be considering bankruptcy as a possible solution. However, ...
Read MorePercentage of people reported to collection agency holds steady
Although the recession may officially be over, many New York residents and others across the country are still dealing with the lingering effects and continued ...
Read MoreDisclosure forms reveal credit card debt of NY council members
Many people assume that only people with low incomes struggle with financial problems. However, the truth and reality is that anyone can find himself in ...
Read MoreBakery with locations throughout New York may file Chapter 7
When business owners encounter financial challenges, they often face a large amount of stress and many decisions that need to be made. For business owners ...
Read MoreNew York remains in top 5 states for foreclosures
Since the recession and financial crisis began in 2008, many New York residents have faced a wide range of financial challenges and setbacks. People have ...
Read MoreChapter 13 protects you and your co-signer
If you’re in financial trouble but still have a regular income, then you may not qualify to have all of your unsecured debts — for ...
Read MoreCredit card debt troubles in the wings in the U.S.?
At first glance, the U.S. as a whole may seem to be in pretty good shape when it comes to credit card debt. Around $32.5 ...
Read MoreOn medical debt, and how it can hurt you financially
There are plenty of New York residents out there who have dealt with immense medical bills that have changed their lives almost as much as ...
Read MoreCould you actually get away with not paying your debts?
It’s a hypothetical situation that almost everyone dreams about but very few actually act on: could I simply not pay my debts? What’s the worst ...
Read MoreDebt collectors may try to take your Social Security
Let’s say that you are older and have retired, that you have some sort of disability that hampers your work, or that a work injury ...
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