Personal Bankruptcy

When same-sex couples in New York decide to file for bankruptcy, their legal obligations and rights may be dependent on the nuances of multiple laws. In addition to needing to adhere to state and territory regulations, these couples often rely…

Many New York residents know that credit card debt can become overwhelming. Using a credit card wisely, authorities say, is a way to purchase what is needed even when cash is low. The importance of knowing and restricting purchases to…

According to findings from several studies, nearly 33 percent of cancer survivors in New York and around the country say that they have suffered financial hardships due to their illness. The American Society of Clinical Oncology says that younger patients…

New York residents thinking about filing for bankruptcy may wonder if credit counseling is a necessary part of the process. Before a person can file for bankruptcy, credit counseling is a requirement that must be completed. A consumer may not…

New York residents contemplating bankruptcy may want to learn more about the timing aspects of a bankruptcy filing, such as the discharge date or how long bankruptcies stay on a credit report. The discharge date is dependent on the type…

According to a study released on July 29 by the Urban Institute, 35 percent of Americans have debt that has gone to collection. The study reportedly looked at 7 million credit profiles and found that a large number of those…

According to Equifax, there are more than 200,000 accounts in collections for an outstanding debt of less than $100. Moreover, these little debts often go overlooked until it is time to purchase a car or apply for a mortgage. In…

Many students in New York and throughout the country are struggling to find jobs to pay off their mounting student debt. While other types of debt may be dischargeable by filing for bankruptcy, private student loans can rarely be discharged…

New York residents who are considering the possibility of filing bankruptcy protection might be wise to study the relevant laws on the subject. There are several different types of bankruptcy filings, each of which with their own conditions and benefits.…

As we have written about before on our personal bankruptcy blog, one of the most bedeviling types of debt for consumers is student loan debt. This is because it can be very difficult to wipe out student loan debt in bankruptcy,…