A Tradition Of Caring And Compassionate Representation For Staten Islanders
Whether filing for consumer or commercial bankruptcy in New York, it can feel like an admission of financial failure. When a business is involved, entrepreneurs may feel as though their entire life’s work has gone up in smoke. These are natural feelings to harbor but...
Chapter 13 bankruptcy involves creating a repayment plan you will use to repay your creditors. This is different from filing Chapter 7 bankruptcy in New York where you liquidate your assets to pay back your debts and the court then dismisses any remaining debt. The...
When you file Chapter 13 bankruptcy in New York, you will have to create a repayment plan. This plan sets out a schedule for repaying your creditors. Your plan may not repay every creditor nor may it repay each debt fully. However, your plan will need to follow the...
When residents of New York fall into debt, it can seem like a long and difficult climb to get back out of it. Not only that, but there are so many choices for debt relief and different bankruptcy options available that it can feel impossible to choose which one will...
Like many in New York who find themselves struggling with overwhelming debt, you may shy away from filing for bankruptcy due to the potential immediate and long-term consequences. Bankruptcy is not a step you should take lightly, but much of its frightening reputation...
Debtors who are in over their heads do have an escape. Chapter 7 bankruptcy allows a person to embrace a new start. Through Chapter 7, you discharge your debts through liquidation. Your liquidated assets pay off your creditors. Unfortunately, you cannot discharge...
Either due to poor financial decisions, unexpected medical costs, or other occurrences, debt can add up fast for many people. At some point, the issue may seem insurmountable and even cause a great deal of mental distress. Fortunately, there are a number of effective...
New Yorkers who find themselves in a black hole of debt may consider filing bankruptcy. As part of the requirements for either Chapter 7 or Chapter 13, the filer will likely have to take at least two classes at specific points in the process. The team at Corash &...
At Corash & Hollender, P.C., in New York, we help individuals and businesses facing overwhelming debt to file and proceed through bankruptcy. We therefore know that most people believe that Chapter 7 and Chapter 13 are their only bankruptcy options. Such, however,...
When residents in New York like you find yourself facing debt that seems insurmountable, you may end up feeling lost and hopeless. Even filing for bankruptcy may seem futile, especially if you are thinking about the potential negative effects of Chapter 7 bankruptcy....
