Filing for bankruptcy may seem more accessible now that AI tools offer quick document generation. Yet these platforms can expose you to significant risks that affect your financial security and the outcome of your case. Why these risks matter Bankruptcy requires...
Bankruptcy Assistance Tailored To Help You Regain Financial Control
Bankruptcy
What to Do if You Can’t Make Your Chapter 13 Plan Payments
Chapter 13 bankruptcy provides individuals with a structured way to reorganize their debts while keeping their assets. A Chapter 13 debtor can create a three- or five-year plan calling for monthly payments in amounts determined based on the debtor’s disposable income...
Rebuilding Your Credit Score After Bankruptcy
Bankruptcy can provide a fresh financial start, but it also leaves a negative mark on your credit report for up to ten years. Restoring your credit score after bankruptcy is challenging yet achievable with the right strategies. By taking positive actions, debtors can...
How Can Chapter 13 Keep Your Home from Foreclosure?
If you're behind on your mortgage payments and facing the threat of losing your home to the bank, a Chapter 13 bankruptcy may offer a lifeline. It provides a structured approach to cure your mortgage default and get your monthly payments back on track by reorganizing...
Could the COVID-19 Pandemic Lead to the End of Medical Bankruptcy?
In the middle of an election year where healthcare is already a hotly debated issue, the COVID-19 pandemic has stirred further discussion about whether major changes are necessary. During the Democratic presidential primary, the concept of Medicare for All split the...
What Are the Signs That Your Healthcare Debts Might Be Best Managed Through Bankruptcy?
The new healthcare system in the United States under the Affordable Care Act (“Obamacare”) should lead to a significant improvement in how millions of people are covered by insurance. Healthcare premiums should also be reduced for millions who were spending large sums...
Double Trouble: Hurricane Sandy, Added to Other Financial Burdens, Begs a Solution
Life sometimes doles out bad luck in double doses. Given how many millions of people were directly and indirectly affected by Hurricane Sandy, it’s clear that thousands of people in the New York, New Jersey and Connecticut areas likely were also dealing with financial...
The Burdens of Student Loan Debt Need Fixing
The financial burdens of student loans rest heavily, of course, on the most recent generation of college graduates. Some have accumulated three or more times as much debt as their annual salaries. This significantly handicaps their ability to purchase homes and cars,...
How the Hardship Rules Regarding Student Loans and Bankruptcy Work
Outstanding student loans in the United States topped $1 trillion in 2011, which now exceeds the amount of credit card debt held by all Americans. That does not tell the story of the struggling college graduate whose education has yet to pay off in a lucrative job,...
Even Under Obamacare, Medical Bankruptcies Can Still Happen to New Yorkers
The Affordable Care Act (ACA, or “Obamacare”) is transforming the landscape in healthcare, broadly expanding the total number of people who can afford or access health insurance. This is expected to have the effect of improving disease and injury management overall,...