Corash & Hollender, P.C.

March 2015 Archives

Bankruptcy filings dropping in New York, the U.S.

Our previous blog post discussed one of the apparent consequences of the 2005 change to the federal bankruptcy law, which made it more expensive to file in most cases. As we talked about on March 5, many people who could use bankruptcy protection to get out from under their debts cannot afford it, so they remain in debt.

Study: bankruptcy reform created 'insolvent class' in U.S.

In 2005, Congress passed a law that made big changes to federal bankruptcy law. The law, the Bankruptcy Abuse Prevention and Consumer Protection Act or BAPCPA, officially went into effect on Oct. 17 of that year. Now, nearly a decade later, it appears that the new law has been good for credit card companies, but a disaster for many families struggling with debt.

Arrange a Free Consultation Now ยป

Free Initial Consultation - Credit Cards Accepted

The secret to our success is that we care about our clients. Contact us online or call our law firm at 718-442-4424.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Visit Our Office / Connect With Us / Review Our Firm

1200 South Avenue, Suite 201
The Corporate Park Of Staten Island
Staten Island, NY 10314

Phone: 718-442-4424
Fax: 718-273-4847
Map & Directions

7317 13th Avenue
Brooklyn, New York 11228

Phone: 718-442-4424
Fax: 718-273-4847
Map & Directions

Leave a review

Review Us
Back to Top