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 […]
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 […]