Long Island Bankruptcy Law Blog

What do you know about the psychological impact of debt?

As a resident of New York who owns property, the term “home equity” has likely come up multiple times. Understanding home equity and how to use ...

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Understanding the bankruptcy homestead exemption

A common misconception about bankruptcy is that it offers some sort of escape. In reality, it is a sacrifice whose decision many people in Long ...

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What are some tips for paying down my credit card debt?

It is difficult to face credit card bills that keep stacking up. If you find yourself overloaded with credit card debt, it is possible to ...

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Reasons older people file bankruptcy

When you reach your golden years, you probably expect that you will be financially stable and able to enjoy a nice retirement. Unfortunately, for many ...

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Will I lose my house in a bankruptcy?

Going through bankruptcy may end up being the best decision that you ever make for your financial and mental health. However, there are some concerns ...

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What assets can a person keep under chapter 13 bankruptcy?

Under chapter 13 bankruptcy, New Yorkers with regular income can develop a plan for repaying their debts. Depending on how much money you earn, the ...

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How can you alleviate credit card debt?

It is easy to overuse credit cards. When you have credit, it can be easy to say that you will pay it off later. Sometimes, ...

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Which debts should you pay first?

New York residents who fall into debt often have a long road ahead of them to get back out. Paying off debts sometimes feels like ...

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How can I avoid common money mistakes?

Why are so many people so bad with money? In many cases, the problem can stem from spending habits that have developed over time. Perhaps ...

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Unmanageable debt may cause PTSD-like symptoms

Whether you have considerable consumer debt, outstanding medical bills, student loans or any other financial obligation you cannot meet, you likely know how stressful debt ...

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