Category: Personal Bankruptcy 1 Page 4

What are the personal bankruptcy options?

Overwhelming debt can be a significant and stressful struggle for individuals facing it. Fortunately, the legal process provides different options and remedies for those struggling ...

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 ...

“Real Housewives” cast member completes bankruptcy

When individuals and businesses encounter debts that they are unable to easily repay, or repay according to the current terms, bankruptcy may be a desirable ...

Chapter 7 bankruptcy does not wipe out second mortgages

Readers of this Long Island bankruptcy blog may have a general understanding of what happens in the two major forms of personal bankruptcy. Under a ...

Chapter 13 bankruptcy may offer repayment options

Debt burdens can be overwhelming and stressful in the daily lives of many individuals. The potential good news is that personal bankruptcy options are available ...

Bankruptcies up in one New York state area

Options for debt relief are available to consumers through different bankruptcy methods intended to meet the different needs of consumers facing financial challenges. In another ...

Study finds personal bankruptcy is out of reach for many in need

Successfully managing one’s finances can be one of the most difficult parts of adulthood. Even people who make smart financial decisions, plan ahead and accumulate ...

Advantages and eligibility for Chapter 13 bankruptcy

For people in Long Island and throughout New York, there’s no way to be prepared for the curveballs that life often throws. Whether it’s unemployment, ...

Filing for bankruptcy does not mean you will lose everything

There is a common misconception that you will lose all or most of your assets if you file for bankruptcy. Understandably, this idea scares many ...

Video: You can’t afford your mortgage. Now what?

If you can’t afford your mortgage, do not panic. Life can come with curveballs: job loss and medical bills are just some of the biggest ...