Long Island Bankruptcy Law Blog

What are the benefits to credit counseling?

If you are a resident of New York and find yourself in over your head with overwhelming debt, you have several options. There is no ...

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How can you manage your credit card debt?

Credit card debt is nothing new in New York or the rest of the country. The majority of Americans face credit card debt. Forbes cites ...

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Top 5 reasons people go bankrupt

If you are so deep in debt that you feel like you may never get out again, you are not alone. As of 2015, statistics ...

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What is a secured credit card?

If you are like millions of Americans, you are dealing with the after-effects of Chapter 7 or Chapter 13 bankruptcy. Plenty of people just like ...

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Advantages and disadvantages to the snowball method for debt

Living life in New York receives an upgrade when a person does not have to worry about mounting debt. Using the snowball method, focusing on ...

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When are student loans dischargeable in bankruptcy?

When it comes to filing bankruptcy in New York, one of the top things you have probably been told is that you cannot discharge your ...

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What are main differences between Chapter 7 and Chapter 13?

If you face severe financial problems in New York and have begun thinking about filing bankruptcy, you likely have numerous questions. For instance, which type ...

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Will I be able to pay my other bills during bankruptcy?

When you file bankruptcy in New York, it puts your finances under a microscope. This includes monitoring your spending. In general, any money you have ...

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Meeting with your creditors during the bankruptcy process

When creditors call constantly wanting you to send them payments, you may begin to feel anxiety over talking to them. Now that you know one ...

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Factors that lead to bankruptcy

Going through a financial disaster is a confusing and intimidating time. As you struggle to keep yourself afloat, you may think about declaring personal bankruptcy. ...

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