Are Assets Liquidated in a Chapter 13 Bankruptcy in New York City?
Are Assets Liquidated in a Chapter 13 Bankruptcy in New York City? Chapter 13 bankruptcy does not liquidate a debtor’s assets in order to satisfy creditors like a Chapter 7 bankruptcy. Instead of liquidating your property, a Chapter 13 allows you to repay creditors for the overdue amounts through a “wage earners” repayment plan. In […]
Am I Eligible for Chapter 13 Bankruptcy in New York City?
Am I Eligible for Chapter 13 Bankruptcy in New York City? For many people in New York City facing a financial crisis Chapter 13 can be best remedy, but not everyone will automatically qualify for Chapter 13 protection. Typically, in order to meet the terms of your Chapter 13 repayment plan you must have enough […]
Should I File For Chapter 13 Bankruptcy Instead Of Chapter 7 Bankruptcy in New York City?
Should I File For Chapter 13 Bankruptcy Instead Of Chapter 7 Bankruptcy in New York City? At first glance Chapter 7 will seem like the best way for most consumers in New York City to file bankruptcy because it takes less time and doesn’t require you to repay your creditors. The truth is however that […]
Before Filing Chapter 13 in New York City, What Do I Need to Do?
Before Filing Chapter 13 in New York City, What Do I Need to Do? Any bankruptcy petitioner as of 2005 filing either a Chapter 7 or Chapter 13 bankruptcy is required to complete an approved credit counseling course. Before you will be allowed to file bankruptcy you must consult with an approved non-profit credit counseling […]
Need Chapter 13 Bankruptcy in New York City? Speak with a Bankruptcy Attorney
Need Chapter 13 Bankruptcy in New York City? Speak with a Bankruptcy Attorney Chapter 13 bankruptcy is a complicated process in New York City and mistakes could cost your financial future dearly. If executed correctly Chapter 13 can be especially beneficial way to file bankruptcy, but you need the assistance of a qualified bankruptcy attorney […]
The Chapter 13 Bankruptcy Repayment Plan in New York City
The Chapter 13 Bankruptcy Repayment Plan in New York City Chapter 13 can provide the most complete financial relief for many consumers in New York City facing temporary financial problems from a medical crisis or other unforeseen expense. If you have fallen behind on your bills but are still earning a regular income a Chapter […]
Can I Afford a Bankruptcy Attorney in New York City?
Can I Afford a Bankruptcy Attorney in New York City? Yes, in fact there are many ways for consumers in New York City to pay for the legal assistance they need in order to successfully file bankruptcy. The consequences of not hiring an attorney to help you file, or ignoring bankruptcy altogether because you think […]
Considering Debt Settlement over Bankruptcy in New York City? Watch out for the Tax Problems they don’t tell you about.
Considering Debt Settlement over Bankruptcy in New York City? Watch out for the Tax Problems they don’t tell you about. If you are deep in debt with an increasingly desperate financial situation you are probably weighing the pros and cons of bankruptcy and debt settlement. Most consumers in New York City don’t realize that settling […]
Are Some of My Student Loan Debts Dischargeable in Bankruptcy in New York City?
Are Some of My Student Loan Debts Dischargeable in Bankruptcy in New York City? Unlike almost all other unsecured debts student loans can be difficult to eliminate through bankruptcy. A set of mostly unreasonable and inconsistent rules that were designed to address the problems of a bygone era prevent many student loans from being discharged […]
The Fastest Way to Get out of Debt in New York City
The Fastest Way to Get out of Debt in New York City “I need to get out of debt fast” is one of the first things that a new client usually says to us during a free consultation in New York City. When their needs are this urgent then their financial situation is likely already […]