Even if you have “good” health insurance, you can quickly rack up enormous medical bills that gobble up the savings that you’ve spent years building. These massive hospital bills are disheartening to say the least. And while they can be a blow to your emotional...
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Bankruptcy
Some debts are harder than others to discharge through bankruptcy
Bankruptcy protection is one of the most powerful tools available to help individuals get out from under a crushing weight of debt. When you go through Chapter 7 or Chapter 13 bankruptcy, you can reduce or eliminate most types of consumer debt, including: Credit card...
How you can rebuild your credit after bankruptcy
A lot of people who are struggling with debt consider bankruptcy but find themselves scared to take the plunge. There are many reasons for this hesitation. Some are tied to the emotional reaction of what some consider an admission of financial failure, while others...
These bankruptcy exemptions can provide you with stability
Are you struggling with overwhelming debt? If so, know that you’re not alone. Millions of Americans find themselves fighting everyday just to make ends meet. Sadly, this often means turning to credit cards, which can cause existing debt to spiral even more out of...
Adequate protection payments under Chapter 13
Bankruptcy is a complex and nuanced area of the law. If you decide that filing for Chapter 13 bankruptcy is your best option, there will be many terms and concepts which will be unfamiliar to you. One of those concepts is the adequate protection payment, which the law...
Can bankruptcy clear my credit card debt?
Accrued debt is an ongoing problem in New York and across the United States. In recent years, given the ongoing challenges people have faced, that has included medical expenses combined with diminished income or loss of work entirely. However, for many years, credit...
6 enhancements to consumer protections under new law
Far too many New Yorkers have spent years, sometimes even decades, trying to find a way out of debt. These individuals have endured ongoing harassment from creditors as they try to pay what they owe, making life miserable. In fact, the stress associated with...