How Can I Keep My Spouse Out of My Bankruptcy in New York City?
How can I keep my spouse out of my bankruptcy in New York City? Married couples in New York City are not required to file for bankruptcy jointly in either a Chapter 7 or Chapter 13 case. If you file alone however you are required to share certain financial information about your spouse in your […]
Can I Keep My Frequent Flyer or Credit Card Rewards Points in Bankruptcy in New York?
Can I Keep My Frequent Flyer or Credit Card Rewards Points in Bankruptcy in New York? Many clients considering bankruptcy protection have accumulated a wide variety of frequent flyer miles and credit card points. Some of our clients have a substantial amount of points that have a significant value, and they want to know if […]
Debt Settlement v. Bankruptcy in New York City
Debt Settlement v. Bankruptcy in New York City In these difficult economic times many consumers are choosing between debt settlement and filing for bankruptcy as ways to overcome their overwhelming financial hardships. Our law firm works in the specific are of debt relief law, so we have helped people successfully utilize both strategies in the […]
What Can Happen if You Lie About Details of Your Bankruptcy in New York City?
What Can Happen if You Lie About Details of Your Bankruptcy in New York City? Making the decision to file for bankruptcy can be daunting. It can be very tempting for some consumers to try to hide assets, transfer funds or otherwise lie on their bankruptcy petition. Desperate times call for desperate measures, but […]
Can I Lose My NYCHA Or Section 8 Apartment If I File For Bankruptcy?
Can I Lose My NYCHA Or Section 8 Apartment If I File For Bankruptcy? Deciding to file for bankruptcy is a big decision. Financially distressed people usually come to understand that bankruptcy is the only way to overcome their financial troubles, but before they file they need to know what will happen to their home […]
Do I Have to Include my Girlfriend or Boyfriend in my Bankruptcy in New York?
Do I Have to Include my Girlfriend or Boyfriend in my Bankruptcy in New York? This is a sensitive issue for most couples, especially if they have only been living together for a short time. Your personal finances may not have even been discussed in the relationship yet, but you may be sharing some expenses […]
What is a meeting of creditors in NYC?
What is a meeting of creditors in NYC? One of our clients’ biggest concerns when considering bankruptcy in New York City is if they will have to go to court. It can cause so much apprehension for some people that they may actually decide against or seriously delay their bankruptcy. The truth is that in most cases […]
What Happens If I file for Bankruptcy but Debt Collectors Keep Calling?
What Happens If I file for Bankruptcy but Debt Collectors Keep Calling? First of all let me explain why creditors are not allowed to contact you while you are in Bankruptcy. 11 USC § 362 of the US Bankruptcy Code states that once a Bankruptcy Case has been filed, no creditors are allowed to attempt […]
Can I still get a New York City apartment if I file for bankruptcy?
One of the myths surrounding bankruptcy we hear a lot in New York City is that after filing Bankruptcy it will be difficult to find an apartment. This is actually one of the biggest fears we encounter during our free client consultations. We often find that despite mounting debt and out of control financial situations […]
Do I get to keep my MTA or New York State pension in bankruptcy?
When you file for Chapter 7 or Chapter 13 bankruptcy protection in New York, you will be able to keep your MTA or New York State Pension in almost all cases. Bankruptcy laws exist to provide people with a fresh financial start by eliminating their debt without forcing them to lose everything they own. The […]