You may realize that credit card debt is often written off in a Chapter 7 bankruptcy or a Chapter 13 bankruptcy and that you are not required to sell clothing and other personal items to pay the non-dischargeable debt. But …
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During a bankruptcy filing, the Bankruptcy Court appoints a bankruptcy trustee to perform various duties required by law, according to the circumstances of the bankruptcy case, the debtor, and their creditors. One of the trustee’s duties is to investigate the financial …
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A 100% Chapter 13 repayment plan is a bankruptcy proceeding in which the petitioner and their attorney work with creditors to establish a process for paying all secured and unsecured debt over three to five years. A 100% plan is for …
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Sometimes we hear from prospective clients who are surprised to find that a creditor has had their bank account frozen and cannot withdraw money from the account. They are afraid that their creditors will be allowed to take their money …
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We’ve seen people struggle with debt longer than they should have because they told themselves they were not in enough financial trouble to resort to bankruptcy. People wonder how much debt you have to have to file for bankruptcy, but …
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If you have fallen behind on your mortgage or other loans, you should know that federal and New York state laws limit what debt collectors and creditors can do to press you to make payments. The Fair Debt Collection Practices …
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Comedian and television host John Oliver uses some humor and amusing film clips to puncture some myths about personal bankruptcy and illuminate a serious topic. In a recent segment of the show Last Week Tonight, Oliver says that when the …
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The attraction of a Chapter 7 bankruptcy filing for those in need of debt relief is that it can erase many types of debt and help an individual make a fresh start financially. A Chapter 7 bankruptcy or straight bankruptcy, …
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Contents1 Can You Get Rid of Child Support Arrears in a New York Bankruptcy?2 Personal Bankruptcy and Discharged Debt3 How to Deal with Child Support Payments in a Bankruptcy in NY4 Contact Us About Resolving Overwhelming Child Support Debt in …
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The objective of a bankruptcy filing is to wipe away debt and position yourself to rebuild your credit and financial well-being. These objectives are achievable with focused effort over time, but completing the bankruptcy process comes first. In general, you …
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