Chapter 13

As a small business owner, you hope that you never run into financial difficulties. If this does happen, you need to know your many options for getting back on track. There may be a time when Chapter 7 or Chapter…

Despite the many benefits of Chapter 13 bankruptcy, some people shy away from this because they have yet to separate “fact from fiction.” It is a common misconception that you will lose your house if you file for Chapter 13…

There are many benefits of bankruptcy. There are also some reasons why you may want to avoid this process for the time being. If you decide to move forward, it’s common to have concerns about your future finances. For example,…

When New Yorkers need relief from their debts and are considering bankruptcy, it is important for them to understand the different chapters, the requirements and what type is best for their individual situations. Some people want to file for Chapter…

New York fans of the rapper Tyga may be surprised to learn that in December 2010, he filed for Chapter 13 bankruptcy. At the time, he said that he owed between $100,000 and $500,000 but that his assets amounted to…

New York consumers who are considering filing for Chapter 13 bankruptcy or who are already in the process of one needs to understand the potential consequences of failing to meet statutory requirements. Under Chapter 13, a court approves a new…

Some New Yorkers may want to know about a recent settlement in which Wells Fargo agreed to pay certain homeowners $81.6 million. The settlement comes because the banking giant violated some provisions and deadlines involving bankruptcy cases that the homeowners…

Reversing its own 2010 ruling, the U.S. Court of Appeals for the 9th Circuit recently decided that debtors may seek attorney’s fees incurred while prosecuting cases related to automatic stay violations. These fees may be sought and recovered even after…

One option for New York residents who are having trouble repaying their debts is filing for bankruptcy under Chapter 13. This allows them to retain their property while repaying lenders over a three- to five-year plan that is approved by…

For many New York retirees, filing a Chapter 13 bankruptcy could be a prudent financial move, and this is particularly true if they have capitalized on their home’s value by taking out second or third mortgages or home equity lines…