Like many other types of laws, American bankruptcy laws have evolved over time. As economic conditions change and the financial pressures put on individuals progress, the legislation that governs individuals' actions must also advance. In the last decade, citizens of...
Month: June 2015
Credit card debt may create health problems in some people
There is no doubt that credit cards can present financial problems for people who carry balances on his or her charging devices. New Yorkers with credit card debt may have trouble making their minimum payments and may find themselves penalized by their credit card...
Seek legal help when your home or car may be at risk
It can be a real challenge for many Americans to admit when they need help. Throughout New York and in communities all across the country, individuals who are struggling with debt and with managing their financial challenges are working hard to keep their money...
Is Chapter 11 bankruptcy similar to Chapter 7 bankruptcy?
Many of the posts on this Garnerville bankruptcy law blog address matters related to personal bankruptcy and the tools individuals can utilize to improve their financial situations. Today's post looks at the similarities and differences between a form of bankruptcy...