Jeffrey M. Rosenblum, P.C.
A Fresh Start

January 2014 Archives

The truth behind Chapter 13 bankruptcy

Many Nassau County, New York, residents are dealing with debt. Small ones are easy enough to settle, but insurmountable debt can be subject to creditor harassment. Whatever the reason, debtors need to understand that there are ways that can lead to a fresh financial start. One of the most viable options is filing for bankruptcy.

How To Talk To A Bankruptcy Lawyer

(Reprinted from bankruptcy law network)"Talking to a lawyer is rarely fun. Having to talk to a bankruptcy lawyer seems down right scary or painful. So if you have debt problems and need to see us, try to get the most out of it.Every Lawyer Has A Process.
Like anyone else who has been doing a job a long time, most of us have a process we follow in collecting information and explaining bankruptcy to folks. Usually that process is there to make sure we catch all the crucial issues that could make your life miserable so bear with us. We're really not trying to drive you crazy with "irrelevant" questions or changes in topic, we're just filling in blanks in the mosaic so we can help you better.
So for example if the lawyer wants you to fill out some intake paperwork, try to be thorough. If he wants you to hold off on questions until he runs through all his standard questions, try to be patient. You want him to do a good job for you, so let him use the process that works best to get you that quality product, right?

Bankruptcy filings may rise in 2014, experts say

Many Americans are facing debts ranging from student loans to credit card debts. Here in Long Island County, New York people owing large amounts of money are very serious in dealing with these debts. They make sure that their bills are paid on time to avoid higher interest rates. However, unexpected challenges such as unemployment or serious illness can hinder the ability of the debtor to pay off the debt, forcing them to use their most viable option - bankruptcy.

Chapter 13 bankruptcy can save a debtor from overwhelming debts

Anyone can be subject of financial challenges. Residents of Long Island, New York, are not exempted as their financial footing can be affected by numerous reasons such as unemployment, serious medical condition and major life changes such as divorce. Getting back on track may be difficult if a debtor chooses to give up, rather than finding a solution to the problem.

Singer Eddie Montgomery sells business after bankruptcy filing

Showing how easily debt in uncertain times can overwhelm even the famous, just three years after his wife filed for divorce, singer Eddie Montgomery of the country duo Montgomery Gentry has put up his restaurant and house for sale.

Holiday spending can result in a mountain of credit card debt

The holiday are the time of the year when most families come together to eat, drink and be merry. Although such activities bring cheer to the occasion, they can translate into higher spending. Many people on Long Island, New York, unconsciously spend so they may be unaware their holiday spending habits could end in a pile of credit card debt.