Discharging HELOC's in Bankruptcy
May 08, 2015
HELOC’s usually have a 10-year interest only period, after which they reset to a fixed monthly principal and interest payment or they “balloon” (become due in full). HELOC’s are scheduled to reset in...
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THE ABC’S OF OBTAINING A LOAN MODIFICATION
Jan 26, 2015
Under the current NY law, every Foreclosure lawsuit that affects a residential property must be assigned to the Foreclosure Settlement Conference Part before the bank can proceed to the actual Foreclo...
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Will you be Discriminated Against if You File Bankruptcy?
Jan 26, 2015
Of the hundreds of bankruptcy cases I have filed in the last fifteen years, I have never once seen a client fired because she filed for bankruptcy.
I have filed bankruptcy cases for teachers, accou...
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Is It Immoral to File Bankruptcy?
Aug 03, 2014
Is it immoral to file Bankruptcy? Am I wrong to try to avoid paying my debt? Is it immoral to file Bankruptcy? Homeowners and individuals in debt often feel that it is “wrong” or “immoral” to file a...
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What is the Means Test required by the Bankruptcy Code?
Aug 03, 2014
What is the Means Test Calculation required by the Bankruptcy Code? What if you earn more than the average family income for the county in which you live? What is the Means Test Calculation required...
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Do I Need a Lawyer to File Bankruptcy?
Aug 03, 2014
Do I need a lawyer to file Bankruptcy? No.... No. All Bankruptcy forms are located on the U.S. Bankruptcy Court website at www.uscourts.gov/Bankruptcy courts.html. But... However, unfortunately fo...
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What happens when I file a Bankruptcy Petition?
Aug 03, 2014
What happens when I file a Bankruptcy Petition? The Bankruptcy Petition A Bankruptcy attorney will prepare a Bankruptcy “Petition” to file with the court. A Petition can be 50 pages or more. It inc...
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The Most Commonly Asked Chapter 7 Bankruptcy questions Part - 2
Aug 03, 2014
Below you will find the most commonly asked Chapter 7 Bankruptcy questions. Please see Part - 2 for more commonly asked Chapter 7 Bankruptcy questions. May I keep one or two credit cards during Bankru...
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Most Commonly Asked Chapter 7 Bankruptcy Questions - Part 1
Aug 03, 2014
Below you will find the most commonly asked Chapter 7 Bankruptcy questions. Please see Part - 2 for more commonly asked Chapter 7 Bankruptcy questions. What is a Chapter 7 Bankruptcy? A Chapter 7 Ban...
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How to Prepare For Your First Bankruptcy Consultation
Aug 03, 2014
Whether you are planning to file a Chapter 7 or Chapter 13 Bankruptcy case, you should be fully prepared before meeting with your Bankruptcy attorney for the first time. Choose an Attorney First, try...
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