Can you apply for a personal loan following bankruptcy?
Debt can be a cyclical problem. You might be able to get on top of your bills one month but fall into a hole the next. Whether it is due to growing medical bills, a lost job, poor budgeting or…
Advantages and disadvantages to filing for Chapter 7 bankruptcy
Many people have the misconception that filing for bankruptcy is a chance to escape any financial troubles you may be facing. However, it is not quite that simple. Before you decide to file for bankruptcy, you should consider both the advantages…
Changes to bankruptcy guidelines may help student loan debtors
Many borrowers benefited greatly from recent student loan repayment forbearance instituted in response to the growing public health and financial crisis. Still, not all good things last forever, and soon borrowers will have to start repaying their student loans. Exactly when…
Rebuilding your credit after bankruptcy
Filing for bankruptcy and having your debts discharged could be one of the best decisions you have ever made. You are ready to start over without the burden of overwhelming debt. Although bankruptcy was the right choice for you, you…
We help New Yorkers file Chapter 7 bankruptcy
As it looks more and more likely that the economy is headed for a recession, debt struggles are back in the news. People are once again talking about their financial struggles, and bankruptcy, especially Chapter 7 bankruptcy, is back in…
What debts can (and can’t) be discharged in Chapter 7 bankruptcy?
When you file for Chapter 7 bankruptcy under Chapter 7 of the U.S. Bankruptcy Code, you have two main goals. The first is to stop your creditors from bothering you. This is accomplished as soon as you file and the…
What documents do I need to file for New York Chapter 7 bankruptcy?
We are living during a time when the cost of living is increasing, mortgage rates are rising, grocery inflation is pressing and a hospital trip can become financially devastating. If you find yourself considering bankruptcy as a result and decide…
Understanding Chapter 7 bankruptcy exemptions
Many people are afraid that in a personal bankruptcy, they will have to give up everything they own. Fortunately, this is not the case. Chapter 7 bankruptcy does require the debtor to surrender some assets, but there are many exemptions.…
Can I keep my home even if I can’t afford it?
New Yorkers who are struggling every day in a tumultuous economy have hard choices to make. Between paying the mortgage, car payments and other bills, or putting food on the table, people can become buried under impossible debt and feel…
Who can file for Chapter 7 bankruptcy?
Bankruptcy can be an intimidating process, but for many the end goal is to achieve a fresh financial start. New Yorkers may elect to file for Chapter 7 bankruptcy to get ahead of their overwhelming obligations and take control of…
