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

Posts tagged "liquidation"

Consumer borrowing impacts bankruptcy filings in New York

Since the Great Recession began, most Americans, including those from Long Island, New York, have tightened their belts. The increasing cost of household expenses and unemployment has subjected most people to financial challenges and many are eventually forced to declare personal bankruptcy. However, recent reports confirm that the economy started to improve during the first quarter of 2013.