As someone struggling with debt, you have likely dealt with debt collectors before. It is their job to collect on the money that you owe. But the Fair Debt Collection Practices Act (FDCPA) ensures that debt collectors cannot overstep their bounds when fulfilling their...
Month: January 2021
Bankruptcy options available to sole proprietors
The different options available to file for bankruptcy can be confusing. As an individual, you may find that some options are only for businesses, and vice versa. However, if you operate a sole proprietorship, you may find that there are many more options available to...
Can you sell your home in Chapter 13?
Many people who enter bankruptcy worry that they will lose their home. Since the intent of bankruptcy is not to leave you destitute, you stand a good chance of holding on to your house. But what if you have petitioned for Chapter 13 bankruptcy and you want to go ahead...
How difficult is it to rebuild credit after bankruptcy?
If you are one of the millions of people who recently went through bankruptcy, you are now ready to begin your new financial life. Unfortunately, you had to give up all your credit cards as part of your bankruptcy. Therefore, reestablishing your credit probably...
What happens to your retirement benefits during Chapter 7?
One of the best ways to prepare for personal bankruptcy in New York is to understand what will happen with your assets. Depending on your situation and the unique circumstances that ultimately resulted in filing for bankruptcy, what happens to your assets could look...
