Long Island Bankruptcy Law Blog

Advantages and disadvantages to the snowball method for debt

Living life in New York receives an upgrade when a person does not have to worry about mounting debt. Using the snowball method, focusing on ...

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When are student loans dischargeable in bankruptcy?

When it comes to filing bankruptcy in New York, one of the top things you have probably been told is that you cannot discharge your ...

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What are main differences between Chapter 7 and Chapter 13?

If you face severe financial problems in New York and have begun thinking about filing bankruptcy, you likely have numerous questions. For instance, which type ...

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Will I be able to pay my other bills during bankruptcy?

When you file bankruptcy in New York, it puts your finances under a microscope. This includes monitoring your spending. In general, any money you have ...

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Meeting with your creditors during the bankruptcy process

When creditors call constantly wanting you to send them payments, you may begin to feel anxiety over talking to them. Now that you know one ...

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Factors that lead to bankruptcy

Going through a financial disaster is a confusing and intimidating time. As you struggle to keep yourself afloat, you may think about declaring personal bankruptcy. ...

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Credit card charge-offs increase

Consumers in New York may be well aware that most people consider the current economy to be strong and healthy. That, however, does not mean ...

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Changing spending habits to decrease debt

Unfortunately, debt is something that affects many New Yorkers. Whether it comes from surprise medical bills or simply from someone getting in over their head ...

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Know when to consider Chapter 7 bankruptcy

When you are having financial problems in New York, you may sometimes think that putting more money toward your debt is the only solution. Sometimes, ...

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Bankruptcy attorneys: More than someone to help you file

Bankruptcy attorneys are more than a go-between for you and the court system. They’re highly educated in bankruptcy and negotiation, which can help you negotiate ...

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