Bankruptcy

When debt gets out of control, bankruptcy is sometimes the best method available to get one’s financial situation back on track. However, filing for bankruptcy can have a number consequences—both ...

The decision to file for bankruptcy is often one of the hardest choices that a person has to make in his or her lifetime. Poor planning can often make the process even ...

While filing for bankruptcy can be stressful, it doesn’t necessarily have to result in the loss of your home. In fact, both Chapter 7 and Chapter 13 bankruptcy provide filers ...

When a tenant files for bankruptcy in New York, an automatic stay is created. An automatic stay is a mandatory injunction that arises without the need for a hearing or ...

Bankruptcy is a federal court procedure that allows individuals to eliminate their debts and repay their creditors. The decision to declare bankruptcy should not be taken lightly, as it can ...

A common question among homeowners contemplating Chapter 7 or Chapter 13 bankruptcy is whether one’s mortgage may be kept upon filing. The answer to this question depends on the type ...

Although Chapter 7 bankruptcy is often a debtor’s best option for getting his or her finances back in order, one should carefully assess its pros and cons prior to filing. ...

It’s often assumed that Chapter 7 bankruptcy results in all of one’s possessions being liquidated. Fortunately, however, this is not always the case. Below is an overview of some of ...

A trustee in bankruptcy is an entity or individual who is tasked with administering a bankruptcy estate. The bankruptcy laws specify the maximum compensation allowed and method of payment for ...