675 Old Country Road, Westbury, New York 11590
CALL 24/7 - Free in office case review
Free Video Consultation Available
CALL 24/7 - Free in office case review
Free Video Consultation Available

Tag Archives: skilled New York bankruptcy law office

Can I Get Debt Relief Without Filing Bankruptcy?

Whether you face credit card debt or other types of unsecured debt that you believe you cannot possibly repay in a lifetime, filing bankruptcy may represent the best alternative to gain financial control over your life. However, an experienced Queens debt relief lawyer can often help you find other alternatives — even for secured debt […]

Does Bankruptcy Ruin my Credit?

Without a doubt, few people avoid a reduction to their credit scores when filing bankruptcy, which remains on your records for a defined period after your bankruptcy discharge. However, bankruptcy does not actually ruin your Fair Isaac Company (FICO) score. By understanding the basis for your FICO score, you can work to increase your score […]

Can Chapter 13 Bankruptcy Resolve All My Debt Issues?

Depending on the many details of your current situation — including the type of debt you have and your commitment to working with creditors to repay your debt — Chapter 13 can potentially resolve all debt issues. However, understanding how Chapter 13 can help you resolve your debt issues requires an understanding of the rules […]

Should I File for Divorce or Bankruptcy First?

Many factors play a role when determining how bankruptcy can affect a divorce. For some families in Queens, taking care of debt issues first can simplify divorce settlement issues. However, for others, the provisions of the divorce decree can greatly complicate the bankruptcy process. To properly address your unique situation, you really need to discuss […]

You Passed The Means Test — Not So Fast!

Because your current monthly income (CMI) is based upon your present income — and not the income when you filed for bankruptcy — you may pass a means test. However, your actual income when compared to your actual expenses equates to a surplus in funds every month. Therefore, a Chapter 7 bankruptcy filing could be […]

Student Loans And Chapter 7 Bankruptcy

Given Congress’ position that student loans are to be repaid absent exceptional circumstances, courts hardly ever allow student loans to be discharged. However, if you file for Chapter 7 bankruptcy and can demonstrate that an exception applies, the debt may be dischargeable. To determine whether your current situation falls under an exception, consult a well-versed […]

Filing For Chapter 13 Bankruptcy?

To acquire a Chapter 13 discharge, you cannot have received a discharge in a Chapter 7 case filed within the last four years, or received a Chapter 13 discharge in a previous case in the last two years. However, you may still file for a Chapter 13 discharge to create an organized manner for you […]

Discharged Debts In Chapter 7 Bankruptcy

Upon filing for Chapter 7 bankruptcy, you are not required to directly make a payment for any portion of your debts. The trustee will split any of your non-exempt assets among your creditors, and the remainder of the debt will be discharged by the court. Filing for Chapter 7 bankruptcy is a mechanism that provides […]

Are All Creditors Equal In New York?

Prior to filing bankruptcy, you may provide payment to some creditors and nothing to others. These types of payments are deemed “preferences,” because you favor some creditors over others. If a payment qualifies as a preference, then the trustee may require the creditor to give back the funds to your bankruptcy estate, to be divided […]

What Is A Secured Debt?

To file for Chapter 7 bankruptcy, your eligibility is generally established by debts, income and living expenses. To determine the manner in which the debt will be satisfied, a classification of the debt is necessary. A secured debt is one in which the debtor loses an item if payment is not made. An experienced bankruptcy […]


Contact Form

We will respond to your inquiry in a timely fashion. Thank you.

Quick Contact Form