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 25, 2019 | Chapter 7
Bankruptcy can be a fresh start and put you on the road to financial health. However, for a time, your credit will take a hit. One concern that many people who file for bankruptcy have is if and when they’ll be able to rent an apartment. If you’ve been...
On behalf of Jeffrey M. Rosenblum, P.C. | Dec 16, 2019 | Chapter 7
Chapter 7 bankruptcy is typically associated with individuals who file for personal bankruptcy. In some cases, however, companies choose to file for Chapter 7 rather than the more common Chapter 11. Let’s look at when a company might want to consider going the...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 28, 2019 | Chapter 7
If a significant portion of the debt that has you considering bankruptcy is student loan debt, you’re not alone. Almost a third of people who file for bankruptcy have student loan debt. On average, it comprises almost half of their total debt. Those figures are...
On behalf of Jeffrey M. Rosenblum, P.C. | Nov 13, 2019 | Chapter 7
If you’re considering Chapter 7 bankruptcy, one of the terms you’ll see a lot as you learn about the process is “discharge.” That’s a big step in a bankruptcy case. It usually happens approximately four months from the bankruptcy filing....
On behalf of Jeffrey M. Rosenblum, P.C. | Oct 31, 2019 | Chapter 7
Could your debt be endangering your mental and physical health? It might be, according to a report recently published by CarefulCents.com, a personal finance website. The site reported that consumer debt was linked not just to psychological distress but to poor...
On behalf of Jeffrey M. Rosenblum, P.C. | Oct 14, 2019 | Chapter 7
Financial issues can contribute to strains in a couple’s marriage. It’s not unusual for someone to consider filing for bankruptcy as they’re also headed toward divorce or have already begun the divorce process. Sometimes people file for bankruptcy...
On behalf of Jeffrey M. Rosenblum, P.C. | Oct 11, 2019 | Chapter 7
Among the relief that filing for bankruptcy brings is what’s called an “automatic stay” on collection efforts by creditors. As one attorney says, “One of the reasons individuals ultimately file for bankruptcy is just to stop the harassment that...
On behalf of Jeffrey M. Rosenblum, P.C. | Sep 25, 2019 | Chapter 7
Many college graduates — from young adults to those looking toward retirement — feel like they’ll never escape their student loan debt. According to Student Loan Hero, Americans have a cumulative total of over $1.5 trillion. The website says that the...
On behalf of Jeffrey M. Rosenblum, P.C. | Sep 9, 2019 | Chapter 7
You might assume that younger people would use credit cards more often than older ones do. The convenience of buying now and paying later is still relatively new to them. They also haven’t had years of paying interest on unpaid balances. However, according to a...
