Yearly Archives: 2018

Living as a senior citizen in New York can be enjoyable for so many reasons. It can also be quite scary if your financial situation is in ruins. Just because you’ve worked your entire life doesn’t mean that your finances…

If you declare bankruptcy, one of the things you may naturally worry about is how that filing is going to impact your ability to earn a living. You know that Chapter 7 means liquidating assets. However, are you going to…

Bankruptcy is becoming more common among senior citizens. In fact, according to a new report from the Consumer Bankruptcy Project (CBP), the rate of new bankruptcy filings among people who are at least 65 years old has doubled since 2013. The…

If you’re a Long Island resident who is contemplating filing for bankruptcy, your debts may have accrued from many sources. Credit card debt, personal loans and student aid obligations can all take a huge chunk out of your disposable income.…

You have a great business idea, but you have too much debt to get it started right away. You decide that you’re going to file for bankruptcy, eliminate your debt and then start the company. How soon can you do…

Financial mistakes are pretty common. As much as everyone wants to be in control of their finances, life has a way of getting out of control. Sometimes, it just takes one small mistake. Other times, a series of chronic mistakes…

You have been considering bankruptcy, but you really do not like the idea of liquidating your assets with Chapter 7. You want to keep them. Is that possible if you opt to use Chapter 13 instead? It is. This is…

You may have heard that Chapter 7 bankruptcy cannot be used to get rid of student loans. While that is true for many people, it is not 100 percent accurate in all cases. While most student loans stand even through…

You want to use Chapter 7 bankruptcy to eliminate your debt, but you worry that it will destroy your credit rating. This will make it hard for you to buy a car, something you absolutely need to do for work.…