New NYC Debt Collection Rules Start September 1: What Changes If You’re Behind
New York City's rewritten debt collection rules take effect September 1, 2026. A NYC bankruptcy attorney on the three-contact cap, the new dispute right, and what the rules still cannot do.
Read MoreSued for a 10-Year-Old Credit Card? Time-Barred Debt and Zombie Judgments in New York
By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. In New York, a creditor generally has only 3 years from your default to sue you on a...
Read MoreCan You File Bankruptcy on Taxes? The 3-Year, 2-Year, and 240-Day Rules Explained
By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. Yes — income taxes can be discharged in bankruptcy, and it happens more often than people think. But...
Read MoreKlarna Sent Your Debt to Collections? What Happens to Buy-Now-Pay-Later Debt in Bankruptcy
By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. Yes, Klarna, Afterpay, and Affirm send unpaid balances to debt collectors — and yes, buy-now-pay-later debt can be...
Read MoreDebt Settlement vs. Bankruptcy: What the Settlement Companies Don’t Tell You
By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. Debt settlement and bankruptcy both aim to resolve debt for less than you owe — but they are...
Read MoreNYC Chapter 7 Bankruptcy Attorney Fees: What You’ll Actually Pay in 2026
How much does a Chapter 7 bankruptcy attorney cost in New York City? It remains one of the most-searched bankruptcy questions on the internet, and most law firm websites go out of their way not to answer it. Here is the straight answer. Every Chapter 7 bankruptcy filed in New...
Read MoreWhen Should You File Bankruptcy? A NYC Attorney on Getting the Timing Right
By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. When should you file bankruptcy? The short answer: file when your debt can no longer be paid off...
Read MoreHow Much Debt Is Too Much on a Six-Figure Salary?
By William Waldner, Esq. — NYC bankruptcy attorney. I have practiced bankruptcy law since 2008, and my firm handles consumer bankruptcy cases exclusively in the Southern and Eastern Districts of New York. How much credit card debt is too much? As a general rule, if your unsecured debt (credit cards,...
Read MoreBreaking the Bankruptcy Stigma: Why Smart, Successful People End Up Filing Bankruptcy and Why That’s Okay
You went to school, built your career, kept your head down, and made smart choices. Then life happened. A medical emergency, a divorce, a sudden layoff, a business that did not survive a slow quarter. Now you are looking at your bank statements, wondering how it got this bad, and...
Read MoreHow Credit Card Debt Spirals Faster in Expensive Cities Like NYC and How Midtown Bankruptcy Can Help
NYC is one of the most expensive cities in the world to call home, and one of the easiest places to fall into credit card debt without realizing how quickly it can happen. The rent, the groceries, the daycare bill, the unexpected medical co-pay, the subway delays that turn into...
Read MoreWhat Happens to Personal Loans in Bankruptcy?
If you’re struggling with debt, personal loans can quickly become one of the most stressful parts of your financial situation. Unlike credit cards, they often come with fixed payments, larger balances, and less flexibility when you fall behind. So naturally, one of the first questions people ask is: What happens...
Read MoreShould You File Bankruptcy Before or After a Lawsuit?
If you’re dealing with overwhelming debt, the threat of a lawsuit can feel like the tipping point. Maybe you’ve received collection calls, demand letters, or even court papers. Now you’re wondering: Should I file bankruptcy now, or wait until the lawsuit plays out? The answer depends on your situation, but...
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