Most Garnerville residents receive and pay a variety of bills on a periodic basis. Mortgage and rent payments are needed to keep families in their homes, and utility fees are necessary to keep their homes' lights on and water running. In addition to the bills for...
Month: June 2016
Will Chapter 7 bankruptcy eliminate all of my debts?
Not all debts can be discharged during the Chapter 7 bankruptcy process. In fact, some of the debts that cause Rockland residents the most concern may survive bankruptcy and continue to be due even after an individual has successfully completed the requirements of the...
Bankruptcy does not guarantee the avoidance of foreclosure
The failure to stay current on one's mortgage payments can result in the debtor's lender filing a foreclosure action against them. Foreclosures force New York residents out of their homes and impose significant burdens on those who are already facing financial...
Poor use of cards can lead to steep credit card debt
Credit card debt is a problem for many New Yorkers. It can become a financial headache when accidents and emergencies require otherwise responsible individuals to run up big balances on their cards; it can become a problem when individuals fail to pay down their...
Why is there a homestead exemption under Chapter 7 bankruptcy?
The stress of living with overwhelming debt can be very burdensome. In fact, some New York residents may be willing to do anything in order to get out from under the crushing weight of outstanding financial obligations. However, built-in protections to the bankruptcy...
