What questions will the Bankruptcy Trustee ask at my 341 meeting of creditors in New York
Here is an outline of what to expect in Manhattan (Southern District of New York) and Brooklyn (Eastern District of New York) Bankruptcy meeting of creditors. Currently, do to the COVID virus the meetings are being done over the phone or via zoom. You will still need your license and social security card with you. […]
What are the Requirements to file for Bankruptcy?
Anyone, whether or not a US citizen may file for bankruptcy as long as he/she has property, resides in the US or has a business in the US. The individual does not even need to live in the US as long as they have assets in the US. Children can file either through a court-appointed […]
Banks learn to hang on to money
Thanks to Jason Dean in Beijing, Martin Vaughan in Singapore and Richard Bourdeaux in Moscow for their August 3, 2011 Wall Street Journal on Page C3 entitled “Central Banks Join Rush to Gold”. In the midst of what appears to be a worldwide recession Central Banks are increasing their gold reserves and relying less on […]
How much does it cost to file for Bankruptcy?
You should be very careful in choosing the correct lawyer because the consequences can be devastating if your case is not properly handled. During your search to find the right bankruptcy lawyer, please keep in mind the following items: Be wary of non-lawyer paralegals and high volume/low fee bankruptcy attorneys that make claims like “lowest fees”, […]
Chapter 7 Bankruptcy
About Filing Chapter 7 Bankruptcy in New York City Many people throughout New York City struggle to pay their bills each month and often find themselves falling farther and farther behind. Failing to take care of these problems can lead to losing your home, car, and personal property. At The Law Office of William Waldner, we […]
How to Determine if you can keep your home in Chapter 7 Bankruptcy
Filing for Bankruptcy does not automatically mean that you will lose your home. If the property is your primary residence, then you can likely keep you home if there is under $150,000 equity ($300,000 equity for joint filers) in your, home and you live in New York City. First, it is important to find out the value […]