Filing for bankruptcy is not an easy decision for most people. Admitting one has gotten into more debt than he or she can handled can be difficult. However, there may be good reasons for starting a personal bankruptcy case, and there are many New York residents who...
Eliminate Your Debt - Free Consultation
Eliminate Your Debt - Free Consultation
Things New Yorkers should know about debt relief
Our modern world contains many ways to create debt. Whether due to a loss of income, a serious medical event, or the collapse of an investment plan, Long Island residents may find themselves with an intimidating amount of debt. When credit card companies or debt...
What is a ‘judicial foreclosure’ in New York?
It is an unfortunate fact that, for many reasons, foreclosure rates in the United States have accelerated in recent years. For Long Islanders that have fallen behind on their mortgages, this means the stress of potential foreclosure proceedings, with a possible result...
What is a “trustee” in a Chapter 7 bankruptcy?
The economic downturn of 2008 hit many Long Islanders and other New York residents hard. The economic slowdown affected the ability of businesses to hire more staff, leading to higher unemployment. This, in turn, led to people having less money to spend, which...
