Families in danger of losing their home, especially during the holidays and into the New Year, may be going through significant stress and strain. A number of home owners may not have expected home values to decline so rapidly leaving them unable to meet their...
Eliminate Your Debt - Free Consultation
Eliminate Your Debt - Free Consultation
Long Island juice chain revived after filing for Chapter 7
Many Long Island residents were saddened by the news last fall that the Organic Avenue chain of juice shops was apparently going out of business. The widely-recognized brand had been in business for 15 years. Recently, competition from restaurants, juice bars in gyms...
The CARD Act: by the numbers
The CARD Act, as we discussed last week here on our Long Island bankruptcy law blog, made a number of changes intended to protect consumers. It significantly restricted the tactics that companies can use against borrowers with credit card debt. Some practices are no...
How does the CARD Act protect consumers?
Many Long Island residents struggling with debt feel as if credit card companies have all the power. And for a long time, it's true, their power ran virtually unchecked. Consumers could find their interest rates or other terms changing unexpectedly. They might have...
The need for debt relief remains as bankruptcy filings are down
There are a number of options, including bankruptcy options, available for individuals struggling with debt to be aware of. Though bankruptcy filings in the western part of New York in particular have seen a decline, individuals seeking debt relief and considering...