Are Pension or 401k Loans Dischargeable in Bankruptcy in New York City?

Are Pension or 401k Loans Dischargeable in Bankruptcy in New York City? Most retirement plans like pensions or 401K’s allow you to borrow money against them if you really need to.  One of the most common situations we see in our New York City bankruptcy law practice is clients borrowing money from their retirement accounts […]

If I File For Bankruptcy, am I eligible for a Loan Modification in New York?

If I File For Bankruptcy, am I eligible for a Loan Modification in New York? Filing for bankruptcy in New York will not affect your eligibility for a mortgage loan modification thanks to some helpful new regulations handed down by the Obama administration.  Similarly, filing for bankruptcy during a trial modification will have no bearing […]