Many potential bankruptcy clients don’t understand how they can afford to pay a New York bankruptcy attorney and pay the costs associated with filing a bankruptcy. Often times people ask, “Id I can’t afford to pay my bills, then how do you expect me to pay your bankruptcy fees?” Below Iis a discussion about Bankruptcy costs …
Often times debtors in New York and New Jersey wonder how filing Bankruptcy can help them if their house is in foreclosure and there is a sale date nearing. There are many advantages to filing bankruptcy. There are different options available to debtors who are facing a foreclosure in Bankruptcy. An experienced New York and New Jersey bankruptcy lawyer can go over the different options that may be available to you.
Bankruptcy: One of the most common questions during a consultation is whether or not they have to include all of their debt in their bankruptcy. Many times potential bankruptcy clients don’t want to include all of their debt because they want to keep certain credit cards. However, there are many reasons clients should list all …
Do I have to give up all of my Credit Cards if I file for Bankruptcy? Read More »
One of the most common questions is, “Will my spouse be affected if I file Bankruptcy?” In both New York and New Jersey the simple answer to this question is “No”. However, it is important to understand that a spouse may still be liable for the debt if they co-signed for the debt. Many times …
What Will Happen to my Spouse If I file Bankruptcy? Read More »
There are many questions that consumers face when deciding whether or not to file for Bankruptcy. Most consumers are distraught because they mistakenly believe all the bad things they have heard about filing for Bankruptcy. It is important that consumers take time to educate themselves on the advantages of filing Bankruptcy. Aside from the fact that Bankruptcy can wipe out debt, there are many other advantages.
Outlined below are some of the advantages of Bankruptcy that should be considered in the decision-making process.
Bankruptcy is a process that offers individuals, such as consumers and businesses who are facing financial hardship a way out. The federal courts have implemented different Bankruptcy laws in each state so that individuals and businesses can get help and manage repayments under the Court. There are different chapters of Bankruptcy. The most common form …
A Further Look At The Bankruptcy Process in New York and New Jersey Read More »