On behalf of Jeffrey M. Rosenblum, P.C. | Nov 27, 2013 | Personal Bankruptcy
Overspending during the holidays leaves some people grappling with a pile of unpaid debts, a fact that New Yorkers should be mindful of this time of year. Some people only learn the hard way and spend years paying that debt off. The best way to deal with the problem...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 22, 2013 | IRS
“The Internal Revenue Service today announced the nationwide rollout of a streamlined program designed to enable small businesses under audit to more quickly settle their differences with the IRS. The Fast Track Settlement (FTS) program is designed to help small...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 21, 2013 | Personal Bankruptcy
There has been a decline in the number of bankruptcy filings nationally and it is attributed to lower unemployment and banks being more conservative about lending money. According to the Federal Reserve Bank of New York, overall household debt fell by $78 billion...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 15, 2013 | Chapter 13
For most Long Island residents, a mountain of debt means years of repayments to creditors. But what if the mountain is so big that repayment in one’s lifetime becomes virtually impossible? Fortunately, bankruptcy offers a way to level the mountain and start...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 10, 2013 | Firm News
The Internal Revenue Service today announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2014. Some pension limitations such as those governing 401(k) plans and IRAs will remain unchanged...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 7, 2013 | Chapter 7
DMX has many fans on Long Island, New York, among other places, and it might have been a shock for his fans to learn that the rapper is in the middle of insolvency. However, at the moment, that is not the rapper’s only problem. An official from the Justice...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 1, 2013 | Chapter 13
Deciding which bills to pay and which to put off for as long as possible is a difficult problem that faces anyone who finds him or herself in a credit mess. In an economy that is continues to recover only slowly, many Long Island residents still find it difficult to...
