On behalf of Jeffrey M. Rosenblum, P.C. | Jun 29, 2016 | Tax Law
When people file for Chapter 7 bankruptcy, the court sells off their nonessential assets in order to repay their creditors. Secured creditors generally receive top priority. Unsecured creditors are less likely to receive any of the proceeds from the sale of these...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 22, 2016 | Chapter 7
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 is best for you....
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 21, 2016 | IRS
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 outlines details of...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 16, 2016 | Chapter 7
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 make a decision that is not based on...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 8, 2016 | Chapter 13
As a small business owner, you hope that you never run into financial difficulties. If this does happen, you need to know your many options for getting back on track. There may be a time when Chapter 7 or Chapter 13 bankruptcy is your only option. This is not...
