New York residents thinking about filing for bankruptcy may wonder if credit counseling is a necessary part of the process. Before a person can file for bankruptcy, credit counseling is a requirement that must be completed. A consumer may not receive pre-bankruptcy...
"New York state court administrators said Tuesday they have finalized rules designed to ban the collection of debts that consumers did not incur, have already paid off or which have been extinguished by the passage of the six-year statute of limitations. Chief Judge...
When a New York debtor decides to file for Chapter 7 bankruptcy, the first step is preparing the information that the court requires. This includes a list of all creditors with the nature and amount of debt and an explanation of the nature and amount of the debtor's...
The former owner of Printing Methods Inc. filed for Chapter 7 bankruptcy Aug. 8 in U.S. Bankruptcy Court in Rochester. At the time of the bankruptcy, he had debts of $3.95 million and assets of $537,000. The personal bankruptcy filing comes just months after his...
New York residents who are interested in information about bankruptcy may benefit from specific details of how the bankruptcy process works. A Chapter 7 bankruptcy for an individual begins with the person requesting it filing a petition with the courts. When filing a...
The Internal Revenue Service issued (IR-2014-84) a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or may say you have a refund...
