Long Island Bankruptcy Law Blog

Bill could help reverse mortgage homeowners facing foreclosure

For senior citizens in New York who are struggling financially, getting a reverse mortgage on their home might seem like the answer to their financial ...

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What is a credit card charge off and how does it affect you?

Long Island residents facing substantial credit card debt may wish that someday it could just be wiped away altogether. And, should they face a credit ...

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Tackling unmanageable debt through Chapter 7 bankruptcy

Perhaps it is credit card debt combined with high interest rates that has become unmanageable. Or, perhaps, a major illness has resulted in ever-mounting medical ...

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It may be possible to rebuild your credit after bankruptcy

With over 1 million individuals and businesses across the nation filing for bankruptcy in 2013, bankruptcy may no longer be something individuals in Long Island ...

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‘Surprise’ medical expenses are an overwhelming burden

Dealing with a major illness or injury is something that most people in New York find distressing. However, even after treatment, the stress can come ...

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Foreclosure numbers are falling, but not for all in New York

The 2008 financial crisis was an economically tough time for homeowners across the United States, with many of them facing foreclosure on their homes. While ...

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What can an automatic stay do to help debtors in Long Island?

Sometimes a person in Long Island finds him or herself in a position where he or she is overwhelmed with debt. The stress of even ...

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Non-bankruptcy remedies may be available for those with tax debt

While many types of debts can be discharged through the bankruptcy process, Long Island residents may be surprised to hear that tax debts are not ...

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New initiative in New York City may help those facing foreclosure

While the nation’s foreclosure crisis peaked a number of years ago, there are still many homeowners in New York who are facing foreclosure, and may ...

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Regain control of your financial wellbeing

While it’s true that money can’t buy happiness, a solid financial foundation can pave the way for a more comfortable path toward contentment. When that ...

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