Chapter 13

Filing for bankruptcy and having your debts discharged could be one of the best decisions you have ever made. You are ready to start over without the burden of overwhelming debt. Although bankruptcy was the right choice for you, you are likely to still face some...

Many New Yorkers have credit card debt, car loans, mortgages, personal loans, medical debt and other forms of debt. Most of the time, carrying these types of debt isn’t so bad. However, circumstances in life can change and sometimes they change quickly. Some of these...

A recent change to the bankruptcy code could increase the number of filings by expanding protections to self-employed persons. President Biden recently signed legislation that extends by two years the debt limit for individuals filing under Chapter 13, also known as...

New Yorkers who are struggling every day in a tumultuous economy have hard choices to make. Between paying the mortgage, car payments and other bills, or putting food on the table, people can become buried under impossible debt and feel helpless at finding a solution....

Filing for Chapter 13 bankruptcy is not an easy choice to make. You carefully examine your finances, your income and assets and sometimes putting yourself on a restructured payment plan through Chapter 13 makes the most sense. But life changes, and so can your...

Filing for Chapter 13 bankruptcy is a powerful option for someone being overwhelmed by debt. It gives you the chance to organize your finances and prepare a plan, approved by the bankruptcy court, to deal with your debts. If you own a home which is at risk of...

Filing for Chapter 13 bankruptcy can be a blessing in disguise. While it may have a negative stigma in some circles it is a responsible and viable way to pay down your debts in a manageable manner. However, it is important to note that not all debts can be discharged...

Financial stress is a heavy burden that many Long Island residents carry. When an individual holds significant debt and does not have the ability to pay off their obligations in full, they may turn to options like bankruptcy to help them move their life forward....

Many people living on Long Island, in Brooklyn or in other parts of New York City and the surrounding areas may have a second or third mortgage on their homes. New Yorkers take out these mortgages for a number of reasons. Sometimes, they are part of a plan to...

Many people who live on Long Island or Westchester County may start exploring bankruptcy because they are facing the prospect of losing their homes in foreclosure. Indeed, the thought of losing one’s residence can cause a great deal of fear and emotional distress,...