Archived
Will i be able to save my home when the Judge has signed a foreclosure and sale, and the sale date is under a month away?
Phillip's answer
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Answered on April 18, 2017
Hard to say with so few details, but if bankruptcy is an option, then you should strongly consider it. It will stop the sale of your home dead in...
Archived
Missing a mortage payment for up to 16 months.the bank sue in court?
Phillip's answer
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Answered on April 05, 2017
I don't think any bank will modify your mortgage just because you ask, but both the New York foreclosure laws and the bankruptcy courts allow for a...
Archived
Will being in IRS Uncollectible Status force a bank to suspend foreclosure proceedings?
Phillip's answer
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Answered on April 04, 2017
There are a lot of moving parts here, too many to really make a stab at it in this short space. Agree with my colleagues that bankruptcy might be...
Archived
Does bankruptcy include taxes you owe the It's?
Phillip's answer
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Answered on March 19, 2017
If you are not working, it probably limits your bankruptcy choices to a Chapter 7, but that should be fine as long as you do not have a great deal...
Archived
If a judgement is passed and you are contacted by a lawyer to make a payment agreement should you give the lawyer your bank info
Phillip's answer
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Answered on March 14, 2017
Don't give him your bank account number, don't sign the agreement and don't talk to him any more. Spend a few bucks and get yourself an attorney....
Archived
My friend has an apartment that became coop so it worth now about $300 000 with no mortgage. She has credit card debts for $30K
Phillip's answer
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Answered on March 14, 2017
My colleagues are correct re the home equity loan and Chapter 13 bankruptcy options, but a third alternative is to negotiate a reduction of your...
Archived
Can I put a defaulted judgement in chapter 7 bankruptcy?
Phillip's answer
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Answered on March 14, 2017
You can, but if the judgement arose because you caused injury or death to the plaintiff while you were driving intoxicated, there is a possibility...
Bankruptcy
Phillip's answer
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Answered on February 28, 2017
I agree with the other attorneys here that there is more to it than just salary. A complicated formula is used that includes salary, deductions,...
Do I have to pay my business credit card bills if my company files for bankruptcy?
Phillip's answer
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Answered on February 15, 2017
This is way too big a question to answer here. I can say generally that if you want to liquidate and walk away, then Chapter 7 is the choice, but...
Archived
Can I repay a Promissory Note to my mother 3-6 months before I may have to declare bankruptcy?
Phillip's answer
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Answered on February 10, 2017
Greetings fellow Astoria resident! Yes, I agree with the other attorneys in that you really need to sit down with a bankruptcy attorney and hash...
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