How Do I Stop Debt Collector Harassment?

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debt collector harassment

It is legal for debt collectors to attempt collection and verification of debt persistently. However, harassment from debt collectors is illegal, according to the Federal Trade Commission (FTC). You are protected under the Fair Debt Collection Practices Act (FDCPA) and should contact a Brighton Beach Bankruptcy Law Firm such as Ursulova Law Offices. It is… Read more »

What Can and Should I Do if Creditors Keep on Calling Me after I filed for Bankruptcy?

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creditor keep on calling

Regardless of whether you filed a Chapter 7 or Chapter 13 case, the Bankruptcy Code has obvious (and strict) limitations on the dos and don’ts of creditors after your bankruptcy filing. The primary aim is that once the court receives your petition, your creditors shouldn’t attempt to discuss your debt. Retaining the services of Brooklyn… Read more »

Can Bankruptcy Improve Your Credit Score?

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credit score

Do your financial circumstances keep you awake at night? Do you think that bankruptcy may be your only solution to a problem that is too big for you to handle? The Ursulova Law Offices, a Bankruptcy Law firm in Brooklyn NY, have the answers you need to make the right decision about your financial future…. Read more »

Bankruptcy and Gifts for Your Children

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gifts for children

Parents often become concerned about whether a bankruptcy filing will impact gifts they or others have given to their children. When a bankruptcy case is filed, every equitable and legal property interest is shifted to the bankruptcy estate, which is then managed by a trustee and requires Brooklyn Chapter 7 Bankruptcy Attorneys. The bankruptcy trustee’s… Read more »

Will a Bankruptcy Cover My Child Support Payments?

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child support

If you are considering bankruptcy and wonder if filing Chapter 7 bankruptcy will exonerate you from child support payments, the answer is “no.” While filing Chapter 7 certainly frees you from virtually all of your secured credit card debt, as well as some medical bills, and other loans or payments, it does not free you… Read more »

What are Priority Claims?

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filing a bankruptcy

Federal bankruptcy policies are in place to help those who are drowning in debt and need a new start. Filing for bankruptcy can provide relief from financial anxiety and debt collectors, but it can also come with a high price tag. Either way, filing for bankruptcy with the help of Brooklyn bankruptcy lawyers results in… Read more »

Do You Qualify for Earned Means Tax Credit EITC?

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tax credit eitc

One of the incentives that the government provides for people to file their taxes on time is the Earned Income/Means Tax Credit. This is a type of refundable tax credit specially offered to low- and moderate-income workers.  The earned income credit rate depends on a variety of factors, including the status of your tax filing,… Read more »

COVID-19 Business Bankruptcy Relief

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business closed due to covid

COVID-19 had contributed to massive job losses, reduced working hours, salary pay cuts, and detrimental financial outcomes among Americans. If you have a business entity, you can consider filing for bankruptcy, especially if you have financial challenges. Fortunately, the Brooklyn Business Bankruptcy Relief Lawyers at Ursulova Law Offices are here to help you. Before you… Read more »

COVID-19 Emergency College Financial Aid

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college financial aid

Due to the harsh times presented by COVID-19 and imposed measures to curb the spread, most economies continue to struggle. Students are among groups of people worst hit by the lack of funds. The rising cost of living and job losses continue to make life unbearable for people paying off student loans. Finding the right… Read more »