Category: Personal Bankruptcy

Can I File Bankruptcy Without My Spouse?

Filing for bankruptcy is a big decision that can have significant consequences on your financial life. One of the questions that married couples often ask ...

New rule could be harmful to consumers

Currently, debt collectors in New York and throughout the country are forbidden from contacting debtors by email or through text messages. However, the Consumer Financial ...

Why should you not increase debt just before 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 ...

Filing for bankruptcy when married

There is perhaps no more dreaded word in the world of finance than bankruptcy. Many people in New York view it as the end of ...

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 ...

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 ...

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 ...

Debunking common myths about bankruptcy and credit

You may find your debt level in Long Island, New York, to be unmanageable, yet you may be reluctant to file for bankruptcy because of ...

The emotional toll debt takes

New Yorkers, like most Americans, work to afford a certain quality of life. However, there are times when this the money does not materialize as ...

Bankruptcy and the boomer generation

If you are like most people in New York who is nearing, at or even after the average age of retirement, you may have looked ...