Chapter 7 bankruptcy is an important legal and financial tool that helps many New Yorkers find stable financial footing each year. Through Chapter 7 bankruptcy a debtor may liquidate their assets for the purposes of paying off their creditors and…
As any New Yorker can attest, the pandemic has impacted individuals and businesses in a variety of ways. While some may have experienced little to no impact when it comes to finances, many small business owners and major companies have…
You’ve noticed that you’re falling behind on your bills. Though you can keep up with them at the moment, you’re getting to a point where you just don’t have enough money coming in to pay everything you owe each month.…
There’s really no need for you to struggle for years or even decades in an attempt to escape what ultimately amounts to inescapable debt. Doing so only leaves you with depleted resources and overwhelming stress. Yet, if you’re like most…
Let’s be honest. Consumer bankruptcy is not a fun route to travel, but it can be necessary to settle your debts and start financially anew. In fact, filing for bankruptcy and settling debt can lift a great weight off of…
In decades past, filing for bankruptcy was equated with some level of financial failure. In truth, even a small emergency can send finances into a tailspin. Scenarios from job loss to divorce to medical emergencies can upset a family’s financial…
Anyone who has been paying attention over the past six months understands that the American economy is in trouble. Americans barely had time to rebuild from the Great Recession that started in 2008, and now we seem to be headed…
When filing for Chapter 13 bankruptcy, a debtor may expect the courts to remove all financial obligations to creditors. Though bankruptcy helps minimize or erase some of these debts, Chapter 13 does not discharge all obligations. In addition to repaying…
Bankruptcy is a path to debt relief often used by individuals and businesses in times of prosperity as well as calamity. The year 2020 has dealt tough blows to many families and businesses for reasons that nearly all Americans understand…
Individuals usually decide to declare bankruptcy after they have exhausted all other financial options. Bankruptcy allows people a fresh financial start, but with a cost. To satisfy as many outstanding debts as possible, banks may require an individual to liquidate…
Great Neck Office
98 Cuttermill Road
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Phone: 866-637-7300
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Melville, NY 11747
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