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 has made it impossible for you to work for a period of time. In any of these scenarios, the individual could receive Social Security...
Eliminate Your Debt - Free Consultation
Eliminate Your Debt - Free Consultation
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 is true. It's hard to argue that bankruptcy isn't a stressful time that will cause the individual filer to feel...
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, supplies, living costs -- these are just a few of the major financial burdens that are placed on young people and their families,...
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 have struggled with credit card debt before, and there will plenty more in the future. It's just the way credit works,...
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 and have that obligation survive the bankruptcy. The Bankruptcy Code requires the reaffirmation of debt...