Credit Card Debt-Settlement Services are risky and could affect your credit score. New York Post Card settlement services are “risky,” according to the Center for Responsible Lending, and could have a “devastating effect” on your credit score. Read the full story If you are concerned about how credit card debt settlement may affect you, contact… Read more »
Posts By: ursulova
How to Rebuild your Credit after Bankruptcy
Once your bankruptcy has been processed, you’re ready to begin a fresh start. One of the most important things to remember is that the bankruptcy will remain on your credit profile for seven to ten years. While that means you won’t be able to qualify for credit for up to a decade, it also gives… Read more »
Do I Need Debt Relief or Bankruptcy?
Bankruptcy and debt relief are two of the most popular ways to manage debt. Consolidation proponents often promote it as a way to protect your credit rating and save money by combining monthly debts into one easy-to-manage payment, while a Brooklyn bankruptcy attorney may recommend it for a fresh financial start. Here, you’ll learn how… Read more »
Bankruptcy Discharge: What is it?
Filing for bankruptcy protection is a very serious legal step that should never be considered lightly. Issues such as credit ratings and a debt repayment schedule could last for several years following the fact. But, a successful bankruptcy petition could also result in a considerable amount of outstanding debt being discharged after all is said… Read more »
How Does Voluntary Repossession Affect My Credit?
When you get behind on your car loan, then technically the lender has the right to come and repossess your car. The reason why it’s called repossession is because the lender doesn’t have to go through the court system to do it. Instead, under the terms of your loan agreement, they can do it if… Read more »
How Do I Choose Between Chapter 7 and Chapter 13 Bankruptcy?
If you are struggling to make credit card, mortgage or auto loan payments, it may be in your best interest to file for bankruptcy. Generally speaking, you will file for Chapter 7 or Chapter 13 protection. How do you know which one to choose from? Knowing When to File for Chapter 7 Protection To be… Read more »
Types Of Debt In Bankruptcy Cases
When declaring bankruptcy, the case ahead can be complex. In part, this is due to the types of debt involved in these cases. This, along with whether you file Chapter 7 or Chapter 13 bankruptcy, can have a significant impact on how a case proceeds. If you are preparing for bankruptcy, here is how specific… Read more »
Bankruptcy Options for Small Business Owners
Bankruptcy is often the best option for a small business owner. Perhaps the business is struggling, but the owner wants to remain in business. Or maybe debts are overwhelming and the owner wants to close the business. Brooklyn business owners might want to consult a Brooklyn bankruptcy attorney for guidance. But for now, here are… Read more »
Can Bankruptcy Affect My Mortgage?
If you are facing the possibility of bankruptcy, you probably have a lot of different questions and concerns. Fortunately, here at Ursulova Law Office, we can help you get the answers that you need. One of the biggest questions we get from people considering bankruptcy is how it will affect their mortgage. There are a… Read more »
Online Holiday Sales: Is your Small Business Considering Bankruptcy?
Were you planning on holiday sales to help your small business make a recovery financially during tough times? Maybe this is just a time where you’ve been forced to evaluate if bankruptcy is the better option for your company. Either way, talking with a Brighton Beach bankruptcy lawyer could give you the insight you need… Read more »
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