Debt collection lawsuit in Staten Island

7 Facts About Debt Collection

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. 

Can Filing Bankruptcy Help You During the Coronavirus (Covid 19) Pandemic?

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.

Will Filing Bankruptcy Impact Your Immigration Status?

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.

Is Filing Bankruptcy a Good Decision?

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. 

Debt Negotiation

Debt Negotiation & Credit Repair

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.

How Can I File Bankruptcy in Staten Island New York

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. 

How is a Joint Account holder or authorized user impacted if I File bankruptcy

How Can I Pay Off Credit Card Debt With No Money

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? 

Debt Collectors Can Garnish Your Coronavirus Stimulus Checks

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. 

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What Does Filing Bankruptcy Do To My Credit Score

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. 

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Veterans Exemptions and Bankruptcy in New Jersey & New York

Recent studies have suggested that many veterans who were injured are living below the poverty line in New York and New Jersey. If you are a veteran, you may be wondering about the different bankruptcy laws that apply to you. Federal bankruptcy law gives veterans certain benefits if they have to file bankruptcy. Some of these benefits are for active duty members and compensation for disabled veterans injured in the line of duty. Prior to 2019, veterans benefits had to be relinqushed to the bankruptcy court. In 2019, the federal laws changed to allow protections to veterans’ benefits from creditors. This law is known as the HAVEN ACT which allows stronger protections to veterans’ filing bankruptcy.