Long Island Bankruptcy Law Blog
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 ...
Read MoreWhat 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 ...
Read MoreHow do you keep yourself out of debt?
New York residents like you do not want to fall back into debt once you start making your way out of it. Of course, this ...
Read MoreNew rule could be harmful to consumers
Currently, debt collectors in New York and throughout the country are forbidden from contacting debtors by email or through text messages. However, the Consumer Financial ...
Read MoreWhat is the snowball method and does it work?
If you currently feel like you waded way in over your head in debt, bankruptcy may start looking like an attractive option. Bankruptcy may certainly ...
Read MoreShould you use a personal loan to consolidate debt?
If you have outstanding credit card debt, wish to lower your interest rates and simplify your monthly repayment obligations, you may consider taking out a ...
Read MoreWhy should you not increase debt just before bankruptcy?
When you file bankruptcy in New York, it puts your finances under a microscope. This includes monitoring your spending. In general, any money you have ...
Read MoreWhat is the Fair Debt Collection Practices Act?
New York residents like you may get into situations in which you end up struggling with debt. There are numerous different reasons that backslides into ...
Read MoreOptions for debtors who suspend Chapter 13 payments
One of the problems some New York residents have with Chapter 13 bankruptcies is that they take three to five years to complete. The problem ...
Read MoreWhat’s the difference between good and bad debt?
There is such a thing as good debt. The trick is learning the difference between which debt will cause you problems and which debt will ...
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