Corash & Hollender, P.C.

April 2015 Archives

Obama administration calls for regulation of predatory payday lending industry

For a significant percentage of Americans, budgeting is necessary to ensure there's enough money left over after payday to pay the mortgage or rent and buy food and other necessities. According to, approximately 62 percent of Americans live paycheck to paycheck. This makes sticking to one's budget very important and also can spell major financial trouble in cases where an individual must come up with hundreds or thousands of dollars to pay for emergency medical, home or car repairs.

She inquired about mortgage modification since her husband passed away

She was referred by another attorney and also by a former client. Her husband recently passed away, and she discovered that he had not paid either their mortgage or their home equity loan for two years. Even worse, he had secretly taken $65,000 more on the home equity loan than she had been aware of.I concluded that a Chapter 13 bankruptcy would not be the best solution, because she would have to pay the arrears over only five years: something she could not afford to do. Instead, we recommended working on mortgage modifications, leaving the Chapter 13 case as a "safety net" should one or both mortgage modification efforts fail. 

Bill seeks to amend bankruptcy code to allow discharge of some student loans

Every year around the country and in states like New York, students of all ages make the decision to attend or go back to college to earn a degree to better their lives. A college degree has long been revered as the golden ticket to a higher paying job and financial security.

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