Jeffrey M. Rosenblum, P.C.
A Fresh Start

March 2018 Archives

Not paying taxes could turn Chapter 13 into Chapter 7

You filed for Chapter 13 bankruptcy because you're still earning money, working as an independent contractor, and so you wanted to pay off your debt over three to five years instead of liquidating your assets. You like the idea of keeping what you own.

Breaking down bankruptcy -- what you need to know

If you are one of the many New York residents struggling financially, you have likely started looking into all of the debt relief options available to you. Some may not seem very realistic, and others may seem too good to be true -- which means they probably are. At the end of the day, there is no quick fix or magic pill that is going to make everything better. Time, taking the right steps and hard work are the only things that can correct your situation.