Long Island Bankruptcy Law Blog

If I File Bankruptcy What Happens to My Car?

The decision to file for Chapter 7 or Chapter 13 bankruptcy isn’t one to enter into lightly. The consequences of taking this drastic action can ...

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How Much Do You Have to Be in Debt to File Chapter 7?

When every call you get is from collections and you’re drowning in debt, you may want to consider filing for Chapter 7 bankruptcy. Bankruptcy may ...

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How Much Equity Can I Have in My Home and Still File Chapter 7?

Chapter 7 bankruptcy, sometimes called "liquidation bankruptcy," allows individuals to discharge most of their unsecured debts for a fresh start. During this process, a bankruptcy ...

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How Long Will Chapter 13 Delay Foreclosure?

When your debts are out of control, filing for bankruptcy may be the best option. If you file for bankruptcy, it can help you get ...

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When Is It Too Late to Stop Foreclosure?

The foreclosure process can be upsetting and humiliating. Many people often find themselves in financial pitfalls that they can’t climb out of, leading to them ...

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How Long Does Foreclosure Take in NY?

Foreclosure is a legal term that no homeowner wants to hear. It means you have been unable to keep up with your mortgage payments and ...

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How to File Chapter 7 with No Money

A Chapter 7 bankruptcy filing can provide much-needed relief to individuals struggling with overwhelming debt. However, the cost of filing can be a significant barrier ...

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Can I File Bankruptcy Without My Spouse?

Filing for bankruptcy is a big decision that can have significant consequences on your financial life. One of the questions that married couples often ask ...

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Will I lose my retirement money in Chapter 7 bankruptcy?

Filing for Chapter 7 bankruptcy might be your best chance to free yourself from burdensome debt. However, you may fear that the liquidation process will ...

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What is compound interest?

Compound interest is not exciting. However, it is essential to most financial systems. Basically, it is money that lenders earn. For example, a savings account ...

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