Bankruptcy is a way for individuals facing overwhelming financial obstacles to discharge debts, reorganize loans and find economic stability. Anyone can find himself facing the decision to file for bankruptcy, ranging from individuals of modest means to the super...
Month: September 2014
Make consumer bankruptcy a tool to reach financial goals
Whether they are new to the workforce or nearing retirement, many Rockland residents recognize the need to manage their money for the future. Making good financial decisions is a great way to set oneself up for comfortable living later in life. Even when they do not...
What happens to a business under Chapter 11 bankruptcy?
Many of the posts on this blog have addressed how New York consumers can approach bankruptcy as a method of finding solid financial footing. While individuals certainly make up a large portion of the cases in bankruptcy courts, businesses also face precarious economic...
As access to credit increases, so too may credit card debt
In the wake of the recent national economic recession, many New York residents experienced drops in their credit scores. Different forms of financial liabilities affect a person's credit score, ranging from education and home loans to credit card balances. Such...
