Trouble Paying Your Rent On Time? A New York Eviction Attorney Can Help
When you’re going through financial difficulties, it’s not unusual to fall behind on your bills and rent payments. Once the bills start piling up, being threatened by your landlord is the last thing you need. This only creates more stress during a time when you’re trying to get your finances on track. Fortunately, there […]
Debt Collectors Can Soon Contact You By Email, Text or Social Media
The COVID-19 crisis has taken its toll on Americans. Not only is it affecting the mental and physical health of American adults, teens and children, but also it’s making it difficult for people to pay their bills. Over 70 million people have bills in collections and nearly 32% have collections accounts on their credit reports. […]
Hope for the Best, Plan for the Bankruptcy
We all know the odds when it comes to starting a small or independent business. About 1 in 5 won’t make it past the first year, and less than half make it past the five-year mark. After ten years, fewer than a third of small businesses are still going. And the two-thirds that don’t […]
Wage garnishment in New York
Wage garnishment in New York happens when a court orders your employer to withhold a specific amount of money from your paycheck and have it sent directly to the creditor you owe money to. There are many reasons why people have their wages garnished, though some of the most common include child support, consumer debts […]
Pros and Cons of Filing Bankruptcy
Pros and Cons of Filing Bankruptcy If you have a lot of debt that you worry you’ll never be able to pay back, then you need to consider bankruptcy. This is a tool that can be used to help you get out of debt and back to living your life. There are many reasons for […]
In Chapter 13, Bankruptcy and just laid off due to Covid-19? Here’s what you can do in NYC.
A typical Chapter 13 repayment plan lasts 3-5 years, but a lot has changed in the world in only 3-5 months, with Covid-19, the resulting economic fallout and now flaring social tensions. A record 40 million Americans have lost their job, some of whom are New Yorkers that were already in Chapter 13 proceedings. We […]
Should I File Bankruptcy in NYC Because of CoVid-19?
After practicing bankruptcy law in New York City for over a decade, I thought I’d seen every financial calamity that could bring someone to need our help. That was obviously before the novel coronavirus, CoVid-19, and the upending of our lives in NYC and around the world. In a few short weeks, Manhattan has become a ghost […]
Don’t Let A Spouse’s Bankruptcy Rob Your Refund
This article originally appeared on Forbes. The original article can be found at: click here Picture this: Your spouse’s small business goes bankrupt, and your spouse along with it. (Or worse: You go bankrupt, and you have to tell your spouse about it.) You hang on to the house and some other assets that are […]
CARES Act Offers Beneficial Changes to Bankruptcy in New York
After two months of pain and financial despair from the Covid-19 Pandemic, we are starting to see the expected economic fallout and a rush of new consumer bankruptcy filings in New York City. While it’s not a magic bullet, the CARES Act (Coronavirus Aid, Relief, and Economic Security Act) has provisions meant to offset the […]
Emergency Financial Help During A Crisis
This article originally appeared on Forbes. The original article can be found at: Click here There’s no question times are tough for many small businesses (though it’s good to see the private sector rising to the occasion). With customers staying home, travel canceled and most things grinding to a halt while we battle to contain COVID-19, […]