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One of the reasons families who live in Rockland County, New York, wind up having to file bankruptcy is credit card debt. Although a family may be able to swing regular payments, at least on the interest, when everything is going well...

One of the pieces of property a New York family who is struggling financially is most likely to want to hang onto is the family home. For these people, New York’s homestead exemption is very important to understand...

A previous post on this blog discussed how the foreclosure process works in this state. Although foreclosure is a court process in New York...

No one in the Rockland County, New York area ever wants to get into financial problems and have to worry about losing their home to foreclosure.

As a previous post on this blog discussed, Rockland County, New York residents who find themselves in financial difficulties can protect a lot of their retirement savings...

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 tax incentives, is to encourage people to save money for retirement.

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 credit cards off in full each month, are carrying around balances of $9,600.

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 what is and is not being promised.

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.

This blog has previously discussed how, during the bankruptcy process, a Rockland resident can choose whether he or she wants to take advantage of either the state exemptions or federal exemptions set out in the bankruptcy code.