Long Island Bankruptcy Law Blog

Credit card debt settlement and discharge solutions

Consumers who have racked up an overwhelming amount of credit card debt, regardless of the reason, may feel that they have minimal options for their ...

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“Real Housewives” cast member completes bankruptcy

When individuals and businesses encounter debts that they are unable to easily repay, or repay according to the current terms, bankruptcy may be a desirable ...

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Exempt and non-exempt property in Chapter 7 bankruptcy

Chapter 7 bankruptcy is geared toward individuals who have a high amount of unsecured debt that they are unable to keep up with. It allows ...

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What defenses are available in a foreclosure action?

The prospect of facing a foreclosure can be frightening for any homeowner. Whether a person has over-leveraged their finances or is having trouble paying their ...

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Chapter 7 bankruptcy does not wipe out second mortgages

Readers of this Long Island bankruptcy blog may have a general understanding of what happens in the two major forms of personal bankruptcy. Under a ...

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Chapter 13 bankruptcy may offer repayment options

Debt burdens can be overwhelming and stressful in the daily lives of many individuals. The potential good news is that personal bankruptcy options are available ...

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We are on your side when it comes to foreclosure defense

Experiencing severe financial challenges can be one of the most stressful times in your family’s life. Not only is your security and peace of mind ...

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Study reveals older Americans burdened by credit card debt

Many Americans have debt in some form, whether it is a mortgage, an automobile loan, a student loan or credit card debt. Although a great ...

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Bankruptcies up in one New York state area

Options for debt relief are available to consumers through different bankruptcy methods intended to meet the different needs of consumers facing financial challenges. In another ...

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How does Chapter 7 work for businesses?

Individual consumers experience financial challenges all the time. Many people think that businesses or companies are immune from such challenges because they have greater assets, ...

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