Bank Levy in New York City
Imagine getting a letter in the mail informing you that your mortgage payment has been rejected by your bank for insufficient funds. This may be because your bank account has been levied by another creditor whom you owed money. Unfortunately, in days past, New York banks automatically froze bank accounts rendering them useless for the […]
Can Student Loans Be Discharged in Bankruptcy?
Student Loans and Bankruptcy College education costs continue to rise and so do the number of college graduates who are carrying a considerable amount of debt from their student loans. Ideally, students would graduate and use their degrees to find high paying positions that allow them to pay off their loans in a timely fashion. […]
Completing Tax Returns
One thing all Americans must do is file tax returns every year. It is important to fill out tax returns so that they are complete and accurate. This applies regardless of how much or how little money the taxpayer has, and regardless of whether the taxpayer is struggling financially. Taxpayers must file tax returns every […]
Medical Bills and Bankruptcy
Your medical bills can be eliminated through bankruptcy One of the leading contributors to bankruptcy is medical debt. Numerous New York residents have been laid-off and cannot afford to purchase health insurance. Even those who have health insurance, routinely incur enormous co-payments due to an accident or major illness. Many times, the medical care costs […]
Dealing with Tax Lien Issues in New York
New York City residents have federal and state tax obligations. If you don’t pay your taxes, you are subject to penalties including an Internal Revenue Service lien. A lien is not the same thing as a levy. A lien simply secures the government’s interest in your property, which means that it can take your property […]
