Many people in Rockland County, New York, particularly those who have a consistent work history, are likely to have some or even a large portion of their wealth wrapped up in a retirement plan like a 401(k) or an IRA. The idea behind these plans, which often come with...
Month: April 2017
Credit card debt on the rise throughout the country
The amount of debt United States citizens owe on their credit cards has crossed the $1 trillion threshold, meaning what some call a modern "debt trap" is showing no sign of ending and may, in fact, be getting worse. These numbers mean that those who do not pay their...
Can a bankruptcy really stop foreclosure?
People in Rockland County, New York may have heard, even on the television or radios, that a bankruptcy can save your home from a looming foreclosure. While such statements are true in a sense, it is very important that Rockland and Garnerville residents understand...
An exemption plan is an important step we can help with
A previous post on this blog overviewed how bankruptcy exemptions work to help a Rockland, New York resident who is struggling with debt keep some of his or her property even after going through a bankruptcy. These exemptions are very important to Garnerville and...