Long Island Bankruptcy Law Blog

On medical debt, and how it can hurt you financially

There are plenty of New York residents out there who have dealt with immense medical bills that have changed their lives almost as much as ...

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Could you actually get away with not paying your debts?

It’s a hypothetical situation that almost everyone dreams about but very few actually act on: could I simply not pay my debts? What’s the worst ...

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Debt collectors may try to take your Social Security

Let’s say that you are older and have retired, that you have some sort of disability that hampers your work, or that a work injury ...

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The pros and cons of filing for bankruptcy

One of the cases made against filing for bankruptcy is the damage it inflicts on the individual, both financially and personally. In some regards, this ...

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Student debt greater than credit card, auto debt in US

One of the major issues of our time is the rise of college costs and the resulting debt that many graduates leave school with. Tuition, ...

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Credit card debt poll shows declining card use

Credit card debt has always and will always be an issue for people all around the country. There are plenty of Long Island residents that ...

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reaffirmation agreements of mortgages- beware!

A reaffirmation agreement is a doctrine set forth in the Bankruptcy Code that basically binds a debtor who could otherwise discharge an obligation o reaffirm ...

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