On behalf of Macco Law Group, LLP | Mar 30, 2017 | Firm News, Foreclosure
As a recent post here noted, many New York residents are still facing problems meeting their monthly mortgage payments, even as the national housing markets rebounds from the depths of 2007 and 2008. Thousands of people face the prospect of a foreclosure action, and...
On behalf of Macco Law Group, LLP | Mar 23, 2017 | Firm News, Foreclosure
Although many New York residents were able to make it through the economic turmoil of the last decade in fair financial shape, the reality is that there are still many people who are struggling. All indications are that the national economy and housing markets are on...
On behalf of Macco Law Group, LLP | Mar 16, 2017 | Credit Card Debt, Credit Card Debt 1, Firm News
Debt accumulated on credit cards is one of the most common reasons for Americans to file for bankruptcy. Now, according to a recent report, accumulated credit card debt in America has risen to a level that almost meets one of the highest points in years. The recent...
On behalf of Macco Law Group, LLP | Mar 9, 2017 | Firm News, Personal Bankruptcy, Personal Bankruptcy 1
Many New York residents are facing a problem that millions of other Americans throughout the country are also facing: debt. Whether it is student loan debt, credit card debt, mortgage debt or some combination of multiple types of debt, this is a financial challenge...
On behalf of Macco Law Group, LLP | Mar 3, 2017 | Credit Card Debt, Credit Card Debt 1, Firm News
One way to measure the health of an individual or household’s financial health is to look at the ratio of debt to savings. This is especially true with credit card debt, as the high-interest rates often mean the debt continues to grow even while some payments...
