New York Law Blog
How does Chapter 11 handle unprofitable leases?
If your business seems headed for financial insolvency, the problem might be your leases. Like other businesses, you enter into leases with landlords to set up your business locations across your community. But if one or more of these locations does not draw in a...
Credit cards after Chapter 7
If you are going through Chapter 7 bankruptcy, it is likely that getting new credit cards is the last thing on your mind. However, there are ways that you can leverage certain varieties of credit cards to help you on the path of rebuilding your credit in the aftermath...
What affects your credit score the most?
Before a lender can offer you money, he or she will check your credit score. Forbes explains that your credit score helps lenders determine whether you are a trustworthy borrower. Your credit score can be anywhere between 300 and 850. The higher your score, the more...
Should you reaffirm your loan?
If you are struggling with overwhelming debt, you are certainly not alone. Millions of Americans feel buried beneath a pile of medical expenses, credit card debt, mortgages and loans they cannot afford to pay. Chapter 7 bankruptcy offers a way out of that situation....
Are you suffering from debt collector harassment?
New York residents like you may have fallen into debt for various reasons. As you struggle to get back out of debt, the last thing you need on your plate is a debt collector knocking down your door. While most debt collectors obey the anti-harassment laws, this is not...
The means test for bankruptcy
If you are one of the many consumers in New York struggling to get ahead of your piling debt, you may start to consider filing for bankruptcy as a way of getting the fresh start you seek. One step in the process of receiving help from a consumer bankruptcy is to...
Bankruptcy and student loans
Paying back student loans is problematic for a decent number of graduates. With high loan amounts and high interest rates, the monthly payment amount is often too high for many to pay along with rent, food and other necessities. There is a general understanding that...
Job seeking after filing bankruptcy
Conducting a background check prior to confirming a new hire has become standard procedure for many companies today. Job applicants with even the most minor indiscretions on their record may wonder what impact different experiences may have on their ability to get...
What are the advantages of Chapter 13?
When you seek to file for bankruptcy protection, you have options in the different types of bankruptcy to file. One of those options is Chapter 13, which is known as the wage earners plan because instead of having the court remove all your debt, you create a repayment...
4 tips on dealing with the stress of debt
In the United States, many adults are significantly stressed by their financial situations. If you also find yourself struggling with your finances and debt, you likely feel overwhelmed about your future. Taking steps to minimize stress surrounding debt will help make...
