How to Find an Affordable Bankruptcy Attorney in New York City?
How to Find an Affordable Bankruptcy Attorney in New York City? If you are considering bankruptcy it’s in your best interests to work with a qualified and experienced attorney, but finding an attorney with an outstanding track record that is also affordable can be hard to come by in New York. What makes a good […]
Protecting NYC Rent Stabilized Apartments in Bankruptcy
Protecting NYC Rent Stabilized Apartments in Bankruptcy There have been some recent bankruptcy cases in NYC in which rent stabilized leases have been determined to be assets and sold by bankruptcy trustees to repay creditors. It’s pretty shady business in the eyes of most bankruptcy attorneys but is technically allowed in NYC under current bankruptcy […]
How Can I file Bankruptcy if I Can’t Afford an Attorney in New York City?
How Can I file Bankruptcy if I Can’t Afford an Attorney in New York City? People that need to file for bankruptcy in New York often find themselves in quite a pickle. On the one hand they don’t have enough money to repay their creditors, but on the other hand they need money to pay […]
Credit Counseling for Bankruptcy in New York City
Credit Counseling for Bankruptcy in New York City If you are considering filing for bankruptcy protection in New York do not be fooled by companies offering “credit counseling services” that are an alternative to actually filing for bankruptcy. The alternatives they offer don’t really help, and for reasons we have outlined in the past are […]
Who is Eligible for Chapter 7 Bankruptcy in NYC?
Who is Eligible for Chapter 7 Bankruptcy in NYC? A Chapter 7 Bankruptcy discharge will eliminate your toxic debts and provide a fresh start on your finances, but to be eligible your financial situation needs to meet certain standards. Your income and bankruptcy history are the primary eligibility factors. Unless you have been denied a […]
How much Cash Can I Keep if I File Bankruptcy in NYC?
How much Cash Can I Keep if I File Bankruptcy in NYC? If you are considering filing for Bankruptcy in New York you may be able to keep some or all of the cash you currently have. New York State and Federal Bankruptcy exemptions allow debtors to retain certain amounts of cash when filing for […]
IRAs, 401Ks, Pensions and other Retirement Accounts in Bankruptcy in NYC
IRAs, 401Ks, Pensions and other Retirement Accounts in Bankruptcy in NYC How a retirement savings account will be affected can factor heavily into a person’s decision to file for bankruptcy. After all, retirement savings accounts can be the most significant asset a person has. The good news is that in most bankruptcy cases in New […]
Why is the Bankruptcy Means Test So Generous for People Living in Manhattan?
Why is the Bankruptcy Means Test So Generous for People Living in Manhattan? While Queens and Brooklyn are also in the top five, Manhattan is far and away the most expensive place to live in the United States according to the Community and Economic Research’s 2013 cost of living index. The cost of living is […]
Bankruptcy Attorney Guarantee in New York City
Bankruptcy Attorney Guarantee in New York City Even though we have a 100% Chapter 7 discharge record to date (as of 11/19/2013) in New York City our firm is still cautious about guaranteeing bankruptcy results for our clients. Like a doctor that practices medicine, an attorney that practices law is held to a rigorous professional […]
Are College Savings Plans in New York City Exempt in Bankruptcy?
Are College Savings Plans in New York City Exempt in Bankruptcy? If you are a parent or grandparent considering bankruptcy you may have concerns over what could happen to the college savings account for your children if you decide to move forward with filing. Understandably, the fear of risking the college education of a loved […]