Chapter 13 Archives - Page 9 of 13 - Jeffrey M. Rosenblum, P.C.

Make your student loan payments more manageable

April 13, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

Debt is a serious topic and something that should never be taken lightly. When people get into debt, they might find themselves struggling to climb out of it. Others know exactly how to handle their debt, even intended debt, and…

Why does what you own affect a Chapter 13 bankruptcy?

April 7, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

A Chapter 13 bankruptcy differs in a lot of ways from a Chapter 7 bankruptcy. One of the major differences, of course, is that Chapter 7 is considered a liquidation — you have to give up the right to any…

How to use Chapter 13 to stop foreclosure

March 13, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

There are plenty of advantages to filing for Chapter 13 bankruptcy compared to filing for Chapter 7 bankruptcy in New York. One of the biggest advantages is that Chapter 13 can help prevent the foreclosure of your home. You have…

Reasons why Chapter 13 is the better option for bankruptcy

March 10, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

If you are leaning towards filing for bankruptcy, Chapter 13 will more than likely be the better option for you in New York. Chapter 13 bankruptcy has a lot of benefits that Chapter 7 does not have. It is also…

What if you divorce while you’re in Chapter 13 bankruptcy?

January 31, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

It’s not unusual for marriages to suffer as the result of serious financial issues. What happens if a married couple has filed for Chapter 13 bankruptcy and later decides to divorce? Chapter 13 allows people to reorganize their debt rather than having…

How can lien stripping reduce your debt?

December 22, 2016
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

People who file Chapter 13 bankruptcy can discharge some of their debt through a process called lien stripping. This is most commonly done with vehicles. However, liens can be stripped from other assets, like homes, as well. According to the Bankruptcy…

How to avoid a New Year’s credit card hangover

December 9, 2016
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

This time of year, most of our credit cards are getting an extra workout, whether through online or in-store holiday shopping. Using credit cards to make your purchases isn’t always a bad thing — especially if you have a card…

When is a debtor entitled to a Chapter 13 debt discharge?

November 4, 2016
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

In a Chapter 13 bankruptcy, a debt discharge is allowed if the debtor meet three requirements. These requirements are that the debtor: — Has paid all domestic support obligations; — Has not received a discharge in a previous bankruptcy case…

What does a bankruptcy trustee do?

September 6, 2016
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

Filing for personal bankruptcy can feel like a daunting endeavor. You’ll be introduced to a world of regulations and terms with which you’re likely not familiar. One term that you’ll hear a lot is “trustee.” Most people associate that with…

New York lawmaker explains circumstances that led to bankruptcy

August 10, 2016
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

Many factors beyond our control can lead to a financial downturn that makes filing for bankruptcy the best option. An illness or injury that brings astronomical medical bills is one example. One New York lawmaker and her husband got hit…