Monthly Archives: November 2017

Many people decide to file for bankruptcy when they can no longer pay their bills. Contrary to popular belief, filing for bankruptcy is not taking the easy way out. If you are interested in filing for bankruptcy, then there are several important things that you will need to know. Automatic Stay An automatic stay means… Read more »

Bankruptcy is something that many people dread. It can be costly and can ruin your credit for several years. However, there are many cases where bankruptcy is the right option. Here are 3 signs Bankruptcy might be the next step for you. Sued by Your Creditors If you do not pay your bills, then the… Read more »

If you’re thinking about filing for bankruptcy, you may be wondering about the different types of bankruptcy under United States law. There are 5 distinct types of bankruptcy according to U.S. Bankruptcy Code. Following is a short description of each of these 5 types. Chapter 7 The most commonly used type of bankruptcy in the… Read more »

Brooklyn Bankruptcy – Common Questions  5 most commonly asked bankruptcy questions provided by Ursulova Law Offices. What is the difference between Chapter 7 and Chapter 13 bankruptcy? Chapter 7 bankruptcy, also known as a ‘liquidation’ is designed for those persons who will have no way to repay their debts in the future. Chapter 13 bankruptcy,… Read more »