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When is Chapter 7 the best bankruptcy choice?

If you’re considering filing for bankruptcy to get relief from overwhelming personal debt, the two main options are Chapter 7 and Chapter 13. There are a number of factors that will help you and your bankruptcy attorney determining which choice…

FBAR update: Change is on the horizon

The Internal Revenue Service (IRS) has some pretty strict rules. Some of the more severe revolve around foreign accounts and reporting requirements, such as the FBAR. The Report of Foreign Bank and Financial Accounts (FBAR) is a tax document that…

Don’t believe these bankruptcy myths

Are you interested in filing for Chapter 7 bankruptcy in Long Island? When the time comes to make a final decision, you need to know what’s best for you and your finances. With so many bankruptcy myths, many people often…

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