Many individuals are unaware that a bankruptcy attorney can help you get a loan modification. A loan modification can stop a foreclosure, lower your monthly payments, and allow you to stop suffocating in debt.
If you are struggling to pay your bills, you may be experiencing an endless amount of collection calls from creditors. While creditors are allowed to call you to try and collect the debt owed to them, creditor harassment is not allowed by the Fair Debt Collection Practices Act (FDCPA). You may be wondering how can debt collection proceed if they can’t harass me? what laws must a creditor obey?
Knowing what to do if you have debt collectors calling you, can help you prepare for bankruptcy filings, lawsuits, etc. It is important to find out as much as you can so that you are ready if debt collectors start to harass you. This way you are better prepared to fight your rights and hold creditors responsible for their unlawful practices.
If you have been impacted by the coronavirus, you are not alone. It has been reported that millions of Americans have applied for unemployment within the last few weeks. States and Federal Governments have been implementing different polices to help Americans survive this pandemic. Unfortunately, many still are facing financial repercussions.
Over the last few weeks, if you were some of the lucky few who received a stimulus check, it may have helped you a little. However, for most people, living in New York and New Jersey, the stimulus check is barley enough to cover one month of rent. Individuals who are minimum wage workers, and were already living paycheck to paycheck are more than ever facing even more economic hardship. With so much uncertainty bankruptcy may be an option to help you get out of debt and start over.
If you are in debt but have a pending immigration case you may be wondering if you can file bankruptcy and if you do how will filing bankruptcy impact your immigariton status?
There is no specific law that says that filing for bankruptcy will prevent you from getting your Visa or United States Citizenship. However, on February 24, 2020 the Deparment of Homeland Security implemented final regulations that change how an individual will be assessed based on the public charge rule.
If you are thinking about filing bankruptcy, you are probably struggling to pay your debts and are wondering if “filing bankruptcy is a good decision?” Filing bankruptcy can give you room to breathe and help get you out of a financial disaster.
Are creditors calling you every hour of the night? Are debt collectors harassing you and threatening to sue you? Have family members informed you that debt collectors are calling them about your debt?
These type of harassing debt collectors are performing illegal conduct. Many creditors think that they can get away with doing this. Many of these debt collectors will assume that you want nothing to do with them and will just settle with them or pay them to stop them from harassing you.
If you are looking to file bankruptcy in Staten Island, you have come to the right place. Individuals behind on bills look at filing bankruptcy in Staten Island as a way out. Filing bankruptcy is never an easy decision and having a Staten Island bankruptcy lawyer by your side, can ensure that your bankruptcy in Staten Island is handled correctly.
If you have found yourself in credit card debt, you may be struggling to make ends meet. Thousands of individuals in New York and New Jersey have credit card debt. The usual advice to get out of debt is to go through your monthly expenses to see that you can cut down. Many debt counseling companies will tell individuals with high debt, that they should pay their highest accounts off first. Once the high balance cards are paid off, they can start paying the lower ones. Individuals who have no money to pay for their credit card debts, can’t play by these rules. So how are people who have no disposable income supposed to pay off their credit card debt?
When signing the CARES Act into law, Congress left out protections for the most vulnerable individuals who are already in debt. Congress failed to provide any protection against debt collectors. Thus, individuals who owe money for past debts will be at risk to debt collectors looking to garnish their stimulus checks.
If you decide to file bankruptcy, it is always good to speak with a bankruptcy lawyer to help you. Seeking the advice of a qualified bankruptcy lawyer is essential to ensuring that your case goes smoothly. When you file bankruptcy, it can stay on your credit report for 7-10 years.
Many individuals who file bankruptcy can actually see their credit score increase after filing. Often individuals filing bankruptcy wonder why their score would increase. To understand why, you need to understand how the credit bureaus calculate a credit score. Credit burueaus look at debt to income ratio to determine a credit score. The lower the credit score, the less chances you have of having a lender extend credit.