Going somewhere? Not if the IRS has its way

March 29, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
IRS

Did you get your letter yet? No, not the announcement that you have won a million dollar sweepstakes. The Internal Revenue Service plans to send letters soon notifying certain taxpayers that the agency has certified their delinquent debt. If you…

Defining a straight bankruptcy in New York

March 24, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

Bankruptcy is not a comfortable discussion to have for an individual or a business, which is why it is not a decision that should be made lightly. There are two types of bankruptcy that individuals and businesses have to choose…

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…

Filing bankruptcy is one step on the road to financial freedom

March 3, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

When you are in debt over your head, life can be difficult. Answering unknown phone numbers or hearing your phone ring might give you anxiety. Even checking your mail can be a source of stress. All of this is because…

5 bankruptcy myths you need to know

February 24, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

You’re thinking about filing for bankruptcy, something you’ve never done before. At this point, you’re just trying to gather information and learn as much as you can about the process. Below are a few common bankruptcy myths that you need…

Take the fast track to resolving your IRS tax dispute

February 24, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
IRS

Most people deal with the IRS once a year when they file their tax returns. However, if you are like many taxpayers here in New York, you continue to deal with the IRS because the agency claims you owe more…

Former New York professor fined, sentenced for tax fraud

February 17, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Tax Law

Hiding assets to avoid paying taxes can come with a hefty price as it is considered tax fraud. A former University of Rochester professor learned that. He already paid fines totaling more than $100 million for failing to disclose income…

Why is bankruptcy skyrocketing among seniors?

February 10, 2017
On Behalf of Jeffrey M. Rosenblum, P.C.
Chapter 7

Americans, on average, are living longer than ever before. Unfortunately, many of them haven’t saved enough money to last for those extra years. According to AARP, bankruptcy filings have increased significantly for seniors 65 and older. Those between 75 and…

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…