Should You Buy A Car Prior to Chapter 13 Bankruptcy?
Buying a car before filing for bankruptcy might be a good idea. However, as with all financial decisions that you are confronted with before or during the bankruptcy process you should discuss this with your attorney before committing to a purchase. Advantages of Car Purchase While it is possible to purchase a new or used […]
How Child Support Obligations Can Affect Your Bankruptcy Discharge
Chapter 13 bankruptcy can be used by debtors who are partially able to pay some creditors. If the debtor is ready, willing, and able to pay creditors with extra money after his or her living expenses are paid, Chapter 13 provides a way for the debtor to restructure their loan agreements and start fresh making […]
Filing for Bankruptcy When Unemployed
Losing a job is a traumatic experience no matter what the circumstances and most people like to believe their ill-gotten fate is just a bump in the road. Many will try to keep up with bills even though they do not have the income to handle it. They might access their “rainy day” savings account […]
Credit Card Debt as a Cause of Bankruptcy
New York City Bankruptcy and Credit Card Debt Attorneys As many people reassess their financial state early in 2013, some will decide it’s time to consult with New York City bankruptcy and credit card attorneys to solve debt problems. Credit Card Debt causes bankruptcy, and bankruptcy can be the right solution to a financial dilemma, […]
Stop Auto Repossession in NYC
If you are hiding your vehicle to keep the “repo man” from taking it back, you’re most likely going to lose your car sooner rather than later. There is a better way to stop your car from being repossessed and to stop other creditor harassment. While filing bankruptcy is a drastic step, it may be […]