Many people across New York are struggling to stay on top of their finances, and if you are among them, you may be considering bankruptcy. A personal bankruptcy filing, such as a Chapter 7 or 13 bankruptcy, may help you get a fresh start and a better grip on your...
Month: October 2020
How do Chapter 7 and Chapter 13 bankruptcies differ?
When your finances spiral out of control and you have little, if any, chance of getting back on track within a year, you may want to consider seeking relief through bankruptcy. Depending on how much disposable income you have available, among other variables, you may...
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...
