A number of tenants in New York live in apartments where the rent is stabilized by law for those who continue long-standing residencies. A consumer bankruptcy filing by a 79-year-old widow behind on her bills after the tragic death of her husband poses the issue of...
Month: October 2013
Early payoff of credit cards not always a good idea
It is true that credit card debt, particularly debt on credit cards carrying a high interest rate, can be expensive when the balance mounts up. Surprisingly, though, striving to quickly pay off the balance on such cards is not necessarily a good idea under all...
Sports figure selling memorabilia in wake of business bankruptcy
The aftermath of a business bankruptcy for a video game business has seen its owner, famous former Red Sox baseball pitcher Curt Schilling, selling off personal items, including a limited number of items of sports memorabilia, possibly to try to satisfy company...
Handling credit card debt
Lots of people in New York and nationwide have trouble managing credit card debt. Often this, along with medical debt, becomes a major cause of having to seek debt relief through Chapter 7 bankruptcy or Chapter 13 bankruptcy. There are, however, some things to attempt...
N.Y.C. Opera may file bankruptcy
The New York City Opera, an operation that has been around for approximately 70 years, is facing financial difficulties that may force it to file bankruptcy soon if increased fund raising efforts are unsuccessful. There are evidently only a few more days for the opera...