The holidays have come and gone and a new year is now upon the residents of Rockland. As individuals across the community plan and commit to their 2015 resolutions, some may think about what they can do to improve their financial health in the year to come. While some...
Month: December 2014
How can I work down credit card debt after the holidays?
At the end of each year many New Yorkers increase their spending in order to buy gifts for the people they love. The holidays in particular are often a time of year when people let their financial planning fall to the wayside. While some people are able to cope with...
Business bankruptcy filings in New York
The state of New York has four federal bankruptcy courts located within its borders. Those courts represent the north, south, east and west of the state and serve corporate and individual debtors who are compelled to seek bankruptcy protections. Periodically the...
After consumer bankruptcy, actor still battles money problems
Residents of Rockland may know Burt Reynolds from movies like "Smokey and the Bandit," "Deliverance" and "Boogie Nights." The ever-popular showman has been involved in a long list of big screen productions over the last five decades. Despite his enduring popularity...
Can I exempt all of my property during bankruptcy?
An exemption in bankruptcy applies to property protected by law from being used to satisfy outstanding financial obligations to creditors. Because exempt property cannot be liquidated or otherwise used to pay off creditors, it is ultimately retained as the property of...