Filing for Bankruptcy with No Assets
Filing for Bankruptcy with No Assets If you do not have any major assets and need to file bankruptcy in NYC, you may think you are limited to a Chapter 13 bankruptcy – in which you’ll still have to pay back your creditors through a trustee. Chapter 7 bankruptcies, which involve a total wiping of […]
Filing for Bankruptcy When Your Divorce Is Growing Hostile
Filing for Bankruptcy When Your Divorce Is Growing Hostile Bankruptcy and divorce often go hand-in-hand, and in most cases, it is advisable to file for bankruptcy first. This ensures that all the assets and debts are taken care of first, before any division of debts or property starts to become an issue. Additionally, while a […]
Filing for Bankruptcy a Second Time
Filing for Bankruptcy a Second Time No one expects to have to file for bankruptcy, and most people who do don’t intend to ever have to do it again. But it’s not unusual for someone who has filed bankruptcy once to find themselves doing so again in the future. If you are considering filing a […]
5 Signs It’s Time to Consider Bankruptcy
5 Signs It’s Time to Consider Bankruptcy It’s next to impossible to find someone who doesn’t have some debt these days, especially if they went to college after high school. So, when you feel the pressure of debts and creditors bearing down, you may think that it’s just the normal way of things. Everyone has […]
4 Ways to Rebuild Your Credit After a Bankruptcy
4 Ways to Rebuild Your Credit After a Bankruptcy After filing for bankruptcy once, most people simply want to move on to healthier finances for good. But there is a bit of a struggle ahead as you work to improve your newly bottomed-out credit score. Filing for bankruptcy immediately causes your credit score to fall […]
3 Things to Do to Prepare for Filing Bankruptcy in NYC
3 Things to Do to Prepare for Filing Bankruptcy in NYC When you first realize that you may need to consider bankruptcy in NYC, there are a lot of things that you’ll need to do. From the very start, you’ll probably be feeling a mixture of relief at having chosen a path, and apprehension at […]
WILL I LOOSE VALUABLES IN A NYC CHAPTER 13 BANKRUPTCY
WILL I LOOSE VALUABLES IN A NYC CHAPTER 13 BANKRUPTCY Just because someone is in need of Bankruptcy relief does not mean they doe not have valuable assets to protect. Often in a Chapter 7 Bankruptcy case a trustee will try to sell a Debtor’s assets. Assets can be kept out of the Bankruptcy process […]
WILL CHAPTER 13 STOP FORECLOSURE IN NYC?
WILL CHAPTER 13 STOP FORECLOSURE IN NYC? With the recent housing crash and poor job market many Debtors are having trouble keeping their homes and risking foreclosure. My office is seeing an increasingly number of underemployed people coming in to my office ever day. Because of policies enacted by our government more and more employers […]
WHAT IS THE PROCESS TO FILE CHAPTER 13 IN NYC?
WHAT IS THE PROCESS TO FILE CHAPTER 13 IN NYC? Let me start by saying that you will almost always need an attorney to file a successful Chapter 13 case. Once you find an attorney that you are comfortable with he will most likely give you an intake packet and request items from you. These […]
WHAT ARE THE QUALIFICATIONS OF CHAPTER 13 IN NYC?
WHAT ARE THE QUALIFICATIONS OF CHAPTER 13 IN NYC? In order to qualify to file for Bankruptcy in NYC the person filing must satisfy the venue requirements and must be under the Debt limit. Additionally, in order to qualify for a Chapter 13 discharge the individual filing must not had a discharge in another bankruptcy […]