Declaring Bankruptcy Prevents your Creditors from taking Action

Millions of people from diverse incomes are in arrears with their debt repayments. Bankruptcy is a legal process designed to help businesses and individuals eliminate their debt. You just have to remember that declaring Bankruptcy has a long-term, negative effect on your credit. Because of the long-term financial and legal implications of Bankruptcy, you will […]

I Lost My Job Due to COVID. Should I File for Bankruptcy?

Losing your job at any time is difficult, but losing it during the pandemic is an entirely different story. According to this article, the economy has been on a long, exhaustive journey toward post-pandemic normalcy – and it’s far from over. Between lockdowns, reduced hours, lack of business, delayed shipments and other factors, many companies […]

What Should I Do About Debt Collectors Who keep Calling After Filing Bankruptcy

Debt collectors. They’re the worst, aren’t they? When you first default on your payments, it’s only natural that you’re going to hear from the debt collectors. But when you do your part and work with a bankruptcy lawyer in New York, you should stop receiving these harassing calls and letters, right? Not exactly. Even with […]

Wage Garnishment in New York: You Do Have Rights and Options

Wage garnishment is a problem for many Americans. If your wages have been garnished, rest assured that you are not alone. Here at Midtown Bankruptcy, we see this problem often with our clients. Many do not realize that they have options to protect themselves. Even though you’re probably feeling scared, overwhelmed and frustrated right now, […]

Rent Arrears and Overdue Rent in NYC: What Options Do Tenants Have?

In an ideal world, renters would pay their rent on time and landlords would use this money to pay for the mortgage, utilities, insurance and upkeep. Experienced landlords would also have a slush fund built up to cover a month or two of late rent payments. But as we know, life is far from ideal. […]