On behalf of Jeffrey M. Rosenblum, P.C. | Oct 20, 2020 | Chapter 13
Chapter 13 bankruptcy differs from Chapter 7 bankruptcy in several important ways. One of those differences relates to the bankruptcy filers’ abilities to use their own income to pay off their debts. If a Long Island resident has some disposable income to dedicate to...
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. | Apr 22, 2020 | Chapter 13, Chapter 7, Personal Bankruptcy
Bankruptcy is overwhelming. The decision to file can be a difficult one to come to terms with and it often leaves you with so many unknowns. How does this work? What does this mean for my life? Will I lose my home? Bankruptcy can stop foreclosure Filing for Chapter 13...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 13, 2019 | Chapter 13
Your only form of transportation. Your grandmother’s jewelry. The house you and your family grew up in. These are some of the assets that people with extreme debt may fret about losing to foreclosure, repossession or bankruptcy. But there is an option that...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 3, 2019 | Chapter 13
You’re getting calls or other notices from a creditor or collection agency on a debt they say you owe. However, you don’t see it on your credit report. They must be mistaken, right? Not necessarily. Although most companies report consumers’ debts to...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 21, 2019 | Chapter 13
You were living within your means. You were able to pay your bills every month, buy groceries and gas and keep up with the minimum payments due on your credit cards. However, you didn’t have much left over at the end of the month, so you never got around to...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 5, 2019 | Chapter 13
Chapter 7 is traditionally associated with personal bankruptcy filings. However, in some cases, businesses can file for Chapter 7. It depends on how the business is structured. Sole proprietorships are considered legal extensions of their owners. However, Chapter 7...
On behalf of Jeffrey M. Rosenblum, P.C. | Oct 22, 2019 | Chapter 13
You’ve made the decision to file for bankruptcy, or maybe you’ve already begun the process. While the bankruptcy will impact your credit and your life for a while, it will also give you a fresh start. It’s essential to make the most of that fresh...
On behalf of Jeffrey M. Rosenblum, P.C. | Oct 3, 2019 | Chapter 13
As we head into the holiday season, consumers’ budget goals are going to be tested. Online, TV and print ads will abound. It seems like just about every retailer is offering great “deals” that can’t be passed up around the holidays. Couple that...
On behalf of Jeffrey M. Rosenblum, P.C. | Sep 16, 2019 | Chapter 13
Almost everyone has to deal with a large, unexpected medical bill at some point. A car crash, burst appendix, skiing accident or bout of food poisoning can send you or a family member to the nearest emergency room or urgent care facility. Sometimes, we’re taken...
