Category: Firm News Page 8

What 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 ...

Can 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 ...

Is 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 ...

What are some examples of Chapter 7 bankruptcy exemptions?

When a person in Long Island files for Chapter 7 bankruptcy, his or her property will be collected and then sold off to pay back ...

New York program helps victims of foreclosure scams

Unfortunately, many people caught up in the 2008 financial crisis lost their homes to foreclosure. In fact, some homeowners in Long Island are still reeling ...

Chapter 7 bankruptcy can bring financial relief

There are times when even the most responsible, hard-working individuals in Long Island find themselves in a financial bind. It only takes one large, unanticipated ...

Credit card debt and living expenses in America increasing

Sometimes, a person in Long Island has no choice but to put a purchase on a credit card. For some, it may be an unexpected ...

Do not let the threat of foreclosure ruin the holiday season

Home is where the heart is, particularly during the holidays when families gather in celebration of the season. But, for those in Long Island who ...

October sees significant uptick in foreclosures in New York City

Looking back at the nation’s “Great Recession,” some may remember that a significant number of individuals saw their homes enter the foreclosure process. These days, ...

Debt relief: choosing between “snowball” and “avalanche”

Winter weather is right around the corner, and many in Long Island may be looking forward to the silence and stillness that a peaceful, new ...