On behalf of Jeffrey M. Rosenblum, P.C. | Jun 18, 2020 | Firm News
Bankruptcy is a path to debt relief often used by individuals and businesses in times of prosperity as well as calamity. The year 2020 has dealt tough blows to many families and businesses for reasons that nearly all Americans understand all too well. Many may be...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 15, 2020 | Chapter 13, Chapter 7
Individuals usually decide to declare bankruptcy after they have exhausted all other financial options. Bankruptcy allows people a fresh financial start, but with a cost. To satisfy as many outstanding debts as possible, banks may require an individual to liquidate...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 11, 2020 | Debt Relief
The decision to choose whether to file for Chapter 7 or Chapter 13 bankruptcy can be a difficult one. There are many factors to consider. However, most financial and legal guidance suggests that the line separating the two types of bankruptcy strictly divides along...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 9, 2020 | Chapter 7
There is are many false myths about bankruptcy. Many people believe that bankruptcy is a sign of failure. The fact stands that bankruptcy offers a way of beating crippling financial debt and offering applicants a clean slate. More than 700,000 people file for...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 8, 2020 | Debt Relief
Individuals who file for bankruptcy often feel as if an enormous weight has been lifted from their shoulders. Debt has either been repaid or discharged and a fresh financial future has been unlocked. Unfortunately, there are steps one needs to follow in order to fully...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 5, 2020 | Personal Bankruptcy
Among the most unfortunate things about bankruptcy is the public’s opinion. Often seen as a financial failure, people often overlook the benefits of bankruptcy. The laws guiding bankruptcy give Americans a second chance after an unfortunate financial event. However,...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 5, 2020 | Chapter 7
Chapter 7, or the liquidation bankruptcy, is the process of bankruptcy in which the debtor turns over significant assets and the sale of those assets will go to creditors in order to pay off debts. The debtor will receive a blow to their credit score, but they will...
On behalf of Jeffrey M. Rosenblum, P.C. | Jun 3, 2020 | Firm News
Unpaid taxes can be a serious financial issue. In addition to adding penalties and interest to the amount you owe each month, the IRS may use aggressive methods to secure payment. Paying back taxes often becomes a priority, especially when the IRS decides to garnish...
