What Happens If I file for Bankruptcy but Debt Collectors Keep Calling?
What Happens If I file for Bankruptcy but Debt Collectors Keep Calling? First of all let me explain why creditors are not allowed to contact you while you are in Bankruptcy. 11 USC § 362 of the US Bankruptcy Code states that once a Bankruptcy Case has been filed, no creditors are allowed to attempt […]
Will My Bankruptcy Haunt Me When I Try to Get a Car, House, etc.?
Will My Bankruptcy Haunt Me When I Try to Get a Car, House, etc.? Believe it or not Bankruptcy will typically improve your chances of getting access to credit. We all know that a good credit score is what we usually need to get a house, car or loan. Most lenders look at your credit […]
How Do Self-Employed People File For Bankruptcy?
How Do Self-Employed People File For Bankruptcy? It is becoming more common for business owners to come to my office for Bankruptcy relief. Often, these are the risk-takers who went out on their own and tried to start a business that didn’t work out. We call them entrepreneurs and according to the SBA approximately one-third […]
Can same sex couples file for bankruptcy together in New York?
Can same sex couples file for bankruptcy together in New York? As of June of 2013 for legally married gay couples the answer is yes. In a groundbreaking decision by the United States Supreme Court in United States v. Windsor the court struck down Section 3 of the Defense of Marriage act paving the way […]
What Gets Taken in Bankruptcy in New York?
What Gets Taken in Bankruptcy in New York? Bankruptcy laws exist to help people get a fresh financial start when they are no longer able to pay their bills. The idea is to get you back on your feet, not to punish you for inability to pay. In light of this your basic necessities and […]
Can Bankruptcy Save My Car in New York City?
Can Bankruptcy Save My Car in New York City? This is a big concern for people considering bankruptcy and something we get a lot of questions about in our law office in New York. Filing for bankruptcy does not necessarily mean you will lose your car, in fact most all of our clients will be […]
Will bankruptcy stop an eviction in New York City?
Stop an Eviction with Our NYC Eviction Attorney It is not uncommon for people with severe debt to also fall behind on their rent payments. When you are already swimming in bad debt, one of the scariest things that can happen is being threatened with an eviction from your landlord. A pending eviction can tip […]
What if I don’t know who I owe money to when I file for Bankruptcy in New York?
This is surprisingly not that uncommon. It’s easy for bad debt to get out of hand, and sometimes when your bills aren’t getting paid your debts can be sold, and re-sold to companies you may have never heard of. Fortunately however, when you decide you are ready for a fresh financial start and are in […]
Will anyone come to my home and take my property if I file for Bankruptcy?
First, let me point out that filing for Bankruptcy is 100% legal in the United States. There are various laws that protect your property from illegal search and seizure in America. Similarly, the Bankruptcy Code was established to give people a fresh financial start. My clients are not criminals but people who need the assistance […]
Can I still get a New York City apartment if I file for bankruptcy?
One of the myths surrounding bankruptcy we hear a lot in New York City is that after filing Bankruptcy it will be difficult to find an apartment. This is actually one of the biggest fears we encounter during our free client consultations. We often find that despite mounting debt and out of control financial situations […]