Bankruptcy

A credit score, often called a FICO, is determined from information listed on your credit report. FICO is an acronym for Fair Isaac and Company, the developer of software used to calculate credit scores. Used by insurance companies, lenders and even employers, your...

If your finances are too tight and you cannot regularly pay your bills, it is time to take stock of your real financial picture. Recognizing signs of serious insolvency can help you make the decision to move forward with bankruptcy or another option. Some people look...

In the politically charged atmosphere surrounding the Affordable Care Act, it is hard to get a straight answer about whether medical bankruptcies are a driving factor behind personal insolvency in the United States. By some measures, medical bills are a contributing...

Bankruptcies in the United States are overseen by a trustee appointed by the court. However, a bankruptcy trustee is not the same as the United States Trustee, the federal office charged with overseeing the bankruptcy process throughout the country. The United States...

The national trends for bankruptcy filings are good, in that the total number of individuals and businesses filing for either Chapter 7 or Chapter 11 nationwide are down. However, a qualified Brooklyn Chapter 11 bankruptcy attorney encounters plenty of companies and...

Brooklyn, NY—in 1980, after taking a bankruptcy law course, Gregory Messer switched gears and became a bankruptcy attorney, and has never looked back.   Becoming a bankruptcy lawyer was unexpected for Gregory Messer, one of Brooklyn’s most credentialed attorneys...

It may seem as if New York divorce and bankruptcy law are about two largely unrelated things. Sure, financial distress is often a predicator of marital dissolution. In addition, divorce does involve a divvying up of property and debts (as well as the matter of child...

Wage garnishment in New York is a familiar subject to most employers’ payroll departments. This is because creditors in the recession have won record numbers of court orders to garnish wages. Often, the working person with debts will only learn of their garnishment...