Many New Yorkers spend years, even decades, struggling to claw their way out of debt. It can be a brutal fight, forcing people into second or third jobs, requiring them to cut costs related to necessities, forcing them to forego needed medical care, and leaving them...
Attorneys Who Put Family First
Bankruptcy
The pros and cons of declaring bankruptcy
Bankruptcy is a safety valve built into the system to allow people to get back on track when financial woes threaten to irrevocably undo and derail them. Society is best served by a solvent populace that earns, spends and pays taxes, so if people fall as they...
Understanding bankruptcy under Chapter 7 and Chapter 13
A lot of Americans are struggling with debt right now. So, if you’re in that position, know that you’re not alone. And also recognize that you don’t have to continue fighting to claw your way out of the debt spiral that continually tries to pull you under. There are...
Now that student debt forgiveness has happened, is medical next?
Those of us who have medical debt may see student debt relief through jealous eyes. There are some experts who believe that medical debt could be next. Student debt relief While recently, there have been some modifications to the student debt forgiveness program, the...
New changes for medical debt
For those struggling with medical debt, it may feel like bankruptcy is around the corner. Bankruptcy can help with medical debt, but some new rules that went into place in July may make bankruptcy a less appealing option for some. The new policies Starting July 1,...
How to rebuild your credit score post-bankruptcy
Far too many families in New York struggle with overwhelming debt. This burden can leave you scrambling to figure out how to pay bills, prevent foreclosure and repossession, and keep food on the table. It’s stressful, overwhelming and frightening. If you’re in that...