Category: LLP Page 20

New York bus company files for Chapter 11 bankruptcy

New York consumers are not the only ones facing insurmountable debts, with minimal assets to pay them back. Similar situations happen to New York businesses ...

What is the means test for qualifying for Chapter 7?

Long Island residents who are facing significant financial hardships have many options available to obtain debt relief. Among these alternatives is filing for bankruptcy. One ...

Government programs available to avoid foreclosure

Long Island residents can face financial difficulties from time to time, including issues with making their mortgage payments. While it is essential for homeowners to ...

Is there a downside to filing for Chapter 13 bankruptcy?

The end product to filing for bankruptcy is often financial freedom. Many Long Islanders use bankruptcy as a way to overcome their burdensome medical, credit ...

New Yorkers facing foreclosure denied modification opportunities

An unfortunate number of homes in New York are currently facing foreclosure. Foreclosures displace families and subject them to financial challenges as they are forced ...

Advice is available regarding Chapter 7 bankruptcy

Long Island residents dealing with significant debt can often feel like there are no options to help them get out of their situation. Many forms ...

How does the CARD Act help credit card holders?

One of the most common ways for Long Island, New York, residents to get into debt is by overusing or overextending themselves with credit cards. ...

Judge blocks consumer claims existing prior to bankruptcy

Businesses in the United States, even traditionally profitable companies, may fall on financial hardships from time to time. There are various options available to such ...

Advantages and disadvantages of filing for Chapter 7 bankruptcy

Residents of Long Island, New York, who are facing considerable debt, regardless of the source, may need to begin reviewing debt relief options. Although there ...

Former NBA star working to help athletes prevent bankruptcy

Nearly all of us face financial struggles at one time or another. Though sometimes it is based on excessive spending, other times it is caused ...