On behalf of Jeffrey M. Rosenblum, P.C. | Dec 29, 2014 | Personal Bankruptcy
When an individual files for bankruptcy, he or she may have to liquidate assets to pay off debt. While the liquidation process is an important part of bankruptcy, there are some assets that individuals need to have to survive. Fortunately, the New York bankruptcy code...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 18, 2014 | Personal Bankruptcy
If a New York homeowner has received a notice of default from a mortgage lender, it likely means that the lender is beginning the foreclosure process. One strategy to attempt to stop the foreclosure is to file for bankruptcy. However, it may only have a limited impact...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 16, 2014 | IRS
The Internal Revenue Service today issued the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2015, the standard mileage rates for the use...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 10, 2014 | Chapter 7
As New York residents may know, the amount of credit card debt has changed since 2006. Credit card debt in the U.S. rose until January 2009, when it peaked. At that time, America had been in a financial crunch for about six months. The amount of debt fell sharply...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 4, 2014 | Personal Bankruptcy
New York residents who are facing overwhelming debt from first or second mortgages may be interested in one way to find debt relief. One specific legal process may allow a homeowner to remove a lien on their home that is held by the second mortgage creditor. Unsecured...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 1, 2014 | Personal Bankruptcy
Levels of personal debt are high across the nation and many New York residents may be struggling with debt problems. For many people who are searching for a solution to debt problems, debt relief services may seem like an attractive option. However, many of these...
