Should I File Chapter 7 or Chapter 13 bankruptcy?

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A range of factors in your life can lead to debt that you cannot repay. If you have come to the point at which it is impossible to service your monthly bills, then you should consider declaring bankruptcy. Doing so gives you legal protection against your creditors. It can give you a fresh start in… Read more »

What Does Life Look Like After Bankruptcy?

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credit card

After filing for bankruptcy, your bankruptcy attorney Brighton Beach will make sure that you can do the following:  Remove the Weight that You Have Been Carrying on Your Shoulders.  While you were constantly worried about how you were going to pay your bills, your body was experiencing stress that was harming it. You would have… Read more »

Student Loan Debt and Bankruptcy

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Student loan debt

What Is the Undue Hardship Exception?  You may be able to have your student loan debt discharged in bankruptcy. If you can demonstrate that paying these loans would create an undue hardship, they may be discharged in chapter 7 or chapter 13 bankruptcy. The courts do not ordinarily discharge these debts, but if you can… Read more »

What is a Bankruptcy Trustee?

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Bankruptcy trustee

If you are thinking about filing bankruptcy, then you might have a lot of questions about the bankruptcy process and everything that is involved in it. Working with a team of bankruptcy attorneys in Brooklyn can help you get answers to all of your questions. In the meantime, you can learn a little more about… Read more »

What Types of Property Can’t Legally be Reclaimed?

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bankruptcy property

Bankruptcy can be defined as financial death. Suppose you intend to file bankruptcy, there are two options for you: file under chapter 7 or chapter 13 bankruptcy. Dealing with a bankruptcy situation in the first instance without legal help can be challenging thus reaching out to a Brooklyn Bankruptcy Lawyer can help you understand the… Read more »

Bankruptcy Terms You Should Know

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Bankruptcy

If you are going through a bankruptcy and or are considering going through the process, then there are several terms that you should know. Understanding these terms will make the process less confusing. For legal advice and assistance, contact Ursulova Law Offices to speak with an experienced Brighton Beach Bankruptcy Attorney. What does a it… Read more »

4 Tips For Filing Bankruptcy During COVID-19

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bankruptcy during covid19

As the COVID-19 pandemic wreaks economic havoc, many individuals and business owners are facing tough financial decisions. In many cases, filing for bankruptcy makes the most sense. However, with people stuck at home, they often believe they will not be able to file when they need to do so. However, that is not the case…. Read more »

How The CARES Act Offers Beneficial Changes To NY Bankruptcy

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As the COVID-19 pandemic has continued the past few months, the financial fallout has been very severe for many people. Because of this, numerous individuals and business owners have been forced to declare bankruptcy to avoid further financial ruin. To help offset this, the CARES Act has brought about various changes to how Chapter 7… Read more »