A New York business's debts can be a source of anxiety and fear for a Rockland resident, particularly if those debts are growing by the day. Though bankruptcy and other debt relief options do exist for those who cannot get their debts under control on their own, many...
Month: April 2016
Government agency provides help to some facing foreclosure
Foreclosure can force a New York family out of their home. The failure of a mortgage holder to make timely and complete payments toward the outstanding obligation can initiate the foreclosure process against his property. Legal processes, like bankruptcy, can help...
Tax refunds may be used to pay off debts during bankruptcy
This week, Americans all across the nation finished their taxes and sent them off for review by the Internal Revenue Service (IRS). While some individuals sent checks with their returns to satisfy their owed taxes, others learned that they would receive refunds of tax...
Pursuing bankruptcy does not mean giving up all possessions
Filing for bankruptcy is not synonymous with becoming destitute. In fact, bankruptcy is a legal method of gaining financial freedom, all while preserving enough wealth on which a filer may live after the proceedings are completed. In New York, individuals who are...
What card-based terms can contribute to credit card debt?
It is officially spring in New York and readers of this bankruptcy and debt reduction law blog may finally now be paying off the last of the holiday expenditures that carried over as balances on their credit cards. However, during this time of year it is not uncommon...
