There are some Long Island homeowners who face significant financial challenges, above and beyond their problems making the monthly mortgage payment. The unexpected loss of a job or the sudden onset of a medical condition can leave many people relying on credit cards...
Eliminate Your Debt - Free Consultation
Eliminate Your Debt - Free Consultation
Options for relief from significant credit card debt
Overwhelming debt can arise from many sources including unexpected medical bills or auto repair costs, the loss of employment and inability to keep up with payments, or even simply overspending through the use of credit cards. Credit cards can be one of the easiest...
The trustee and liquidation to unsecured creditors in Chapter 7
When financial challenges make it necessary to consider filing for bankruptcy in New York, the first step is to find out which option is best. Once that is done and a decision is made to move forward with a Chapter 7 bankruptcy, the first hurdle is taken care of. It...
What are the benefits of filing for Chapter 13?
People in New York who are considering filing for bankruptcy are frequently confused by the many different options available to them. Compounding that is the fear that a filing with follow them around for the rest of their lives and negatively affect their financial...
New York bus company files for Chapter 11 bankruptcy
New York consumers are not the only ones facing insurmountable debts, with minimal assets to pay them back. Similar situations happen to New York businesses for various reasons, including loss of expected income, increased competition or loss of profits due to natural...