What is “Bad Faith” in Bankruptcy in New York City?
What is “Bad Faith” in Bankruptcy in New York City? Generally speaking, bad faith is abuse of the bankruptcy system. If you are trying to take advantage of the bankruptcy system by omitting or misrepresenting financial information on your bankruptcy petition, or using your filing as a way to intentionally delay your creditors then your […]
Will my New York City Water Bill be Discharged in Bankruptcy?
Will my New York City Water Bill be Discharged in Bankruptcy? Filing for bankruptcy protection in New York will allow you to eliminate many of your unsecured debts entirely, relieving you from your high interest monthly payments and giving you a fresh start on your finances altogether. The majority of debts that can be […]
How Soon Can I Start Shopping For a Car Loan after Bankruptcy in NYC?
How Soon Can I Start Shopping For a Car Loan after Bankruptcy in NYC? Not understanding the power of bankruptcy relief many consumers still believe they will never be able to buy another car if they file for bankruptcy. Before consulting with an attorney people often think the best solution is to reaffirm a bad […]
Watching your Credit After Bankruptcy in New York City
Watching your Credit After Bankruptcy in New York City Filing for bankruptcy will provide life changing debt relief, but it may also have a negative impact on your credit report and your ability to get new loans. Credit scores have a big role in many aspects of our lives, so the speed at which a […]
Should Young Consumers Struggling With Student Loan Debt File Bankruptcy in New York City?
Should Young Consumers Struggling With Student Loan Debt File Bankruptcy in New York City? For many of us in New York getting ahead means you probably need an education, and are going to have to pay for a degree. Sadly, increasing your chance for a good job can also be devastating to your personal finances. […]
Should I Pay Off My Car Before Filing Bankruptcy in New York City?
Should I Pay Off My Car Before Filing Bankruptcy in New York City? Like many questions surrounding consumer bankruptcy in New York whether or not you should pay off your car loan before filing for bankruptcy really depends. If you are financing your car then it is advisable to continue making your monthly payments, but […]
Does the statute of limitations apply to my credit cards in NYC?
Does the statute of limitations apply to my credit cards in NYC? When the statute of limitations expires on your credit cards the card companies can sue you for your debt and can continue to aggressively contact you about it. They will ask you to pay up, and may use any number of tricks or […]
Can I Find an Affordable Bankruptcy Attorney in NYC Without Risking my Case?
Can I Find an Affordable Bankruptcy Attorney in NYC Without Risking my Case? It makes sense that people on the verge of bankruptcy may not have a lot of money to spend on an attorney, but having an attorney is essential nevertheless. Most consumers will quickly come to see the dangers in filing for bankruptcy […]
Should I file for Bankruptcy in New York City?
Should I file for Bankruptcy in New York City? Manhattan has the nation’s highest cost of living and is actually double the national average according to the Council for Community and Economic Research’s 2013 cost of living index. Brooklyn has the second highest cost of living, and Queens has the fifth. Competition for employment […]
Will Bankruptcy cover Payday Loans and Medical Bills in NYC?
Will Bankruptcy cover Payday Loans and Medical Bills in NYC? Bankruptcy protection gives people with unmanageable bills the power to eliminate their Payday loans and Medical Bills entirely. The bankruptcy discharge provides a fresh start, and a “do over” on your financial life. Every case is unique, and there are pros and cons for […]