Tag Archives: chapter 13 bankruptcy
Bankruptcy as an Answer to Inadequate Insurance Coverage During Hurricane Sandy
The water had barely subsided after Hurricane Sandy struck in 2012 when financial worries began to mount. Many families lost their homes and life savings to the wind, rain and storm surge. Adding insult to injury, many of those affected had property insurance that proved inadequate. One homeowner in New Jersey posted a sign in […]
Technical and Emotional Preparation for the 341 Bankruptcy Meeting of Creditors
No one plans far in advance to file for bankruptcy. But whether it is a Chapter 7 filing liquidation of assets (minus the generous exemptions allowed under New York bankruptcy law) or reorganization under Chapter 13, a bankruptcy can be the solution to financial problems that build over time. Many bankruptcies, however, do come from […]
What Can You Keep When You File Bankruptcy?
For many people unable to pay their bills, bankruptcy is the only reasonable option to restore some kind of financial stability. Most people worry about the possessions they will lose in the process. When you file bankruptcy, what can you keep? The answer is more than you think, depending on the type of bankruptcy you […]