Are you worried about losing assets in bankruptcy?

November 26, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Firm News

For a long time, you may have tried to ignore your money issues or thought that you would be able to handle them on your own. Each time you missed a payment or incurred another fee, you may have told…

Expenses that can throw a wrench in your budget

November 21, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

You were living within your means. You were able to pay your bills and expenses every month, buy groceries and gas and keep up with the minimum payments due on your credit cards. However, you didn’t have much left over…

What happens when debt is discharged in Chapter 7?

November 13, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

If you’re considering Chapter 7 bankruptcy, one of the terms you’ll see a lot as you learn about the process is “discharge.” That’s a big step in a bankruptcy case. It usually happens approximately four months from the bankruptcy filing.…

Chapter 7 bankruptcy for businesses

November 5, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

Chapter 7 is traditionally associated with personal bankruptcy filings. However, in some cases, businesses can file for Chapter 7. It depends on how the business is structured. Sole proprietorships are considered legal extensions of their owners. However, Chapter 7 can…

Debt can harm your mental and physical well-being

October 31, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

Could your debt be endangering your mental and physical health? It might be, according to a report recently published by CarefulCents.com, a personal finance website. The site reported that consumer debt was linked not just to psychological distress but to…

It is your right to appeal an IRS decision

October 30, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Firm News

If you recently went through an Internal Revenue Service audit, you may have thought that was one of the most stressful things you could go through. However, when you learn that the findings of the audit left you owing the…

Rebuilding your financial health and credit after bankruptcy

October 22, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

You’ve made the decision to file for bankruptcy, or maybe you’ve already begun the process. While the bankruptcy will impact your credit and your life for a while, it will also give you a fresh start in rebuilding your financial…

What divorce-related obligations can you discharge in bankruptcy?

October 14, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

Financial issues can contribute to strains in a couple’s marriage. It’s not unusual for someone to consider filing for bankruptcy as they’re also headed toward divorce or have already begun the divorce process. Sometimes people file for bankruptcy after they’ve divorced,…

What you should know about automatic stays

October 11, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

Among the relief that filing for bankruptcy brings is what’s called “automatic stays” on collection efforts by creditors. As one attorney says, “One of the reasons individuals ultimately file for bankruptcy is just to stop the harassment that goes on…

Don’t let the holidays destroy your budget

October 3, 2019
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 13

As we head into the holiday season, consumers’ budget goals are going to be tested. Online, TV and print ads will abound. It seems like just about every retailer is offering great “deals” that can’t be passed up around the…